Disney confirms proposal for Shanghai park

Posted | Contributed by Jeff

The Walt Disney Co. is expected to submit plans to the Chinese government to build a theme park in Shanghai soon. Construction of the park is expected to boost infrastructure construction and tourism in the city and could benefit adjacent cities. It will cost 3.59 billion USD, opening in 2014.

Read more from China Daily.

Also, check out the opinion from Motley Fool columnist Rick Munarriz.

Loved Jay Leno's line...
Disney's park in China will be the first park built for kids by kids. :)

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