The Shanghai Disney Resort, slated to open by the end of next year, will receive an additional $800 million investment.
Joint venture partners Shanghai Shendi Group and Walt Disney Co. will increase their investment in the 963-acre park to about $5.5 billion from $4.7 billion.
The additional funds will be used “primarily for additional attractions, entertainment and other offerings to increase capacity at the theme park, with the majority targeted to be completed for opening day,” the companies said in a statement.
Shanghai Shendi owns 57% of the project, and Disney owns 43%. The resort broke ground in Shanghai’s Pudong district in 2011.
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