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Hong Kong Disneyland 香港迪斯尼乐园Hong Kong Special Administrative Region Chief Executive Tung Chee-hwa announced on November 2, 1999 that an agreement was reached between Hong Kong and the Walt Disney Corporation in the United States to build a Disney theme park and resort on Penny’s Bay on the north of Lantau against the backdrop of the South China Sea. The agreement followed nine months of solid negotiations. The ground-breaking ceremony was held on January 12, 2003. The ceremony marked the beginning of the construction of the 126-hectare Phase I, China’s first Disney theme park. The entrance fee for the park, scheduled to open in late 2005, will be around HK $ 250 (US $32) , lower than the widely expected HK $ 300 (US $ 38). The theme park will include two hotels and a retail, dining and entertainment complex. The park will be the world’s fifth Disney theme park and the third outside the United States, following Tokyo in Japan and Paris in France. Tung Chee-hwa told a news briefing that the Hong Kong Disneyland would ensure that Hong Kong becomes the “favourable tourist destination” in the region, strengthening its status as a “world city” and helping sustain economic recovery and growth. The UKASR government will invest 22.45 billion HK dollars (US $ 2.28 billion) in the project. The park is expected to attract over 5 million people in its first year of operation. This figure is expected to rise to 10 million after 15 years. The massive project will create around 6,000 jobs during the construction phase and some 10,000 jobs by the land reclamation and other associated work. The project will bring an estimated 148 billion HK dollars (US $ 18.97 billion) into the HK economy over a 40-year period—eight times the original investment. The Disney Theme Park would enhance Hong Kong’s tourism potential and establish its status as “Asia’s premier tourism destination city.” The Disney development will benefit not only tourism, but also related sectors, like catering and transport. It would also strength Hong Kong’s image and position as the leading international city in Asia. The Disneyland project conforms the government’s “sustainable development” strategy. Since Hong Kong is densely populated, developing heavy industry would have a detrimental effect on living standards. Hong Kong needs entertainment facilities. Building a theme park is far better than building a container terminal. The project would help promote Hong Kong’s role as a tourism destination in Asia and stimulate Hong Kong’s economic development. Disney’s choice of Hong Kong people’s confidence in their future. Currently, per capita of Hong Kong’s GDP reaches US $ 24,000. The Disney lands in the World 世界迪斯尼乐园 In 2004, visitor arrivals reached a record high of 21.8 million, with 56 per cent of them coming from the mainland. For the first time, Hong Kong has been listed as one of the top 10 tourisn destination by the World Tourisn Organization in 2005. Donald Tsang曾阴权 won support from 714 members of the 796-strong Election Committee making him the only valid nomination. He was approved by the State Council chief executive of Hong Kong on June 21, 2005. Tsang’s term will last till the end of June 2007.
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