Hong Kong Disneyland expansion includes 'Frozen' land

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The park's Castle and Hub area will be upgraded.
The park's Castle and Hub area will be upgraded.

Hong Kong Disneyland will receive $1.4 billion in improvements, including the addition of a land dedicated to the 2013 animated feature film "Frozen."

The Hong Kong government will fund $750 million of the improvements, while Disney will fund $650 million.

The 11-year-old theme park will upgrade its Castle and Hub area while adding a Marvel-themed area. Additionally, Disney and the Hong Kong government will build an entertainment venue called Moana's Village Festival in the 310-acre theme park on Hong Kong's Lantau Island.

The expansion will take place over a "multi-year" period, Disney said on Tuesday, though the company wasn't more specific.

Hong Kong Disneyland is preparing to open Iron Man Experience, its first Marvel-themed ride, in January.

The 750-room Disney Explorer's Lodge, the resort's third hotel, will open by June.

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