Disneyland Hong Kong expansion within 5 years

June 30, 2009 Proposed expansion of Hong Kong Disneyland will include three themed areas, or "lands" with construction to be finished within five years, the Hong Kong government announced Tuesday. Adding detail to news that emerged last week, Secretary for Commerce and Economic Development, Rita Lau said that Walt Disney Co. will invest HK$3.5 billion ($452 million) of new equity capital for the expansion. "The expansion deal will contribute to Hong Kong's appeal as an international, family-friendly tourist destination and the resort's long-term success," said Leslie Goodman, exec vp for worldwide public affairs, Walt Disney parks and resorts.

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