10 Apr '11, 8am

Work starts on long-awaited China Disneyland - Yahoo!

Walt Disney Co. and Chinese officials broke ground Friday on mainland China's long-awaited first Disneyland, with hopes high that Mickey Mouse and friends will be a hit in the country of 1.3 billion. Walt Disney Co. chief executive Bob Iger was joined by the entertainment giant's Chinese partners and top Shanghai officials in plunging golden shovels into the ground to launch construction at a ceremony in the bustling city. The ceremony capped more than a decade of negotiations with the Chinese government to bring the "Magic Kingdom" to the mainland and Iger called it a "significant milestone" in Disney's history. "Our Shanghai resort will be a world-class family vacation destination that combines classic Disney characters and storytelling with the uniqueness and beauty of China," Iger said. Construction of the 24.4 billion yuan ($3.7 billion) project in Shanghai's Pudong d...

Full article: http://sg.news.yahoo.com/starts-long-awaited-china-disney...

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