Latest News

Back to Latest News back

 

Shanghai Disney starts to take shape

Shanghai Disney starts to take shape
April 15, 2012

After a year of construction, Shanghai's future Disneyland theme park has started to take shape with the site having been leveled, river channels created and roads built.

Construction crews have almost finished grading the previuously undulating site to prepare it for the large-scale construction that will make the next stage in the development of the attraction.

To reduce subsidence and create a safe amusement park, the builders have adopted a so-called vacuum-preloading method on the 1.68 kilometre2 plot.

They divided the area into 44 parts and inserted pipes into the land to draw ground water. The builder compared the work to "doing embroidery" on the land and said it meets the standard of an airport runway. The land will not sink by more than 1 centimetrer for at least 50 years, according to the builders.

About 98% of the necessary soil has been removed to form the river around the theme park, and 84% of the soil of the future inner lake has been removed.

The theme park liesin the heart of the 20 kilometre2 Shanghai International Tourism and Resorts Zone.

The first Disneyland theme park on the Chinese mainland broke ground last April, and its first phase is due to open for business in 2015. The park is Disney's third in Asia, after Tokyo and Hong Kong.

The theme park's development has been backed by a 12.9 billion yuan (US$2.04 billion) syndicated loan with a number of Chinese banks for its first phase of construction.

A syndicated loan is provided by a group of lenders and is structured and arranged by one or several banks known as arrangers.

Such loans have been increasingly used to fund the construction of major infrastructure projects.

30th November 2011 - SHANGHAI DISNEYLAND ANTICIPATES 15 MILLION ANNUAL VISITS

31st May 2011 - MULTI BILLION DOLLAR LOAN AGREEMENT TO FUND SHANGHAI DISNEYLAND RESORT CONSTRUCTION


Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?

As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

TPEC Pool Enclosures

TPEC Pool Enclosures provide a large range of premium commercial and residential retractable swimming pool, spa and terrace enclosures throughout Australia, servicing residential, local government…

read more

Aquatics / Design / Recreation / Venues

 
 

AlphaFit

AUSTRALIAN MADE. FIT FOR PURPOSE. Based on the Gold Coast, AlphaFit is a leading manufacturer and supplier of Australian gym equipment specifically for the commercial, strength and conditioning,…

read more

Fitness / Recreation / Technology / Wellness

 
 

Hydrocare Pool Services

Hydrocare Pool Services Pty Ltd offer 30 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…

read more

Aquatics / Attractions / Play / Recreation / Technology

 
 

PlayRope

Playrope Aqua-Fun, are the Australian & New Zealand exclusive distributors for Vortex Aquatic Structures International, the world leader in aquatic playgrounds and urban water landscapes.…

read more

Aquatics / Attractions / Parks / Play / Recreation

 
 

iDwala Pty Ltd

iDwala is the Community Sports Facility Specialist offering the highest quality designs and technical expertise to Councils, Schools and Sporting Clubs looking to create sporting…

read more

Consultants / Design / Recreation / Sport / Surfaces

 
 

Summit Fitness

Summit Fitness Equipment is now part of NovoFit - see www.ausleisure.com.au/suppliers/novofit/

read more

Fitness / Recreation / Technology / Wellness

 
 

Enta Australasia

As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as VIVATICKET Pty Ltd.  Click here to view the VIVATICKET Pty Ltd listing.  19th July 2018 - ENTA…

read more

Technology / Ticketing / Venues

 
 

Technogym Australia

Technogym is the leading company in the Wellness and Fitness field all over the world. With 2,200 employees, 14 branches in Europe, U.S., South America, Asia  and Australia, Technogym exports its…

read more

Fitness / Technology / Wellness

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business