Hong Kong lawmakers voted to spend HK3.63 billion (Dh1.72bn) to expand the Disneyland theme park. Attendance has not met targets, and a rival theme park is planned for Shanghai, so the government is looking for ways to increase the number of visitors over the long term. Walt Disney will invest HK$3.5bn to help finance construction costs and will also convert its outstanding loan to the park of HK$2.76bn into equity. Hong Kong will convert a large portion of its HK$6.89 billion loan to the park into equity.
Finance Secretary John Tsang said the Disneyland park has already brought significant economic benefit to the city, and with its new features will “rise up to the keen competition on the tourism front”. Chairman of Disneyland Parks and Resorts Jay Rasulo said “This substantial investment represents our companies continued commitment to and confidence in the Hong Kong Disneyland.”
Once the home of the working class, it is a bohemian area that has the Medborgarplatsen or the Citizens’ Square which is surrounded by restaurants and pubs. ...
Address: Central Mosque, Medeu District, Almaty The large turquoise-blue dome visible from quite a distance beckons the faithful to prayer five times a day. As you get closer, you will begin to notice how refreshingly different the white marble mosque looks from all the grey Soviet-style architecture around the city. The 5 tall, blue-topped minarets, the calligraphy on the exterior facades, ...
The most prominent of all museums in Pakistan. It contains a splendid collection of ancient objects, transcripts, and other relics from prehistoric ages to the modern history of Pakistan. The galleries are well organized and the ambience is one of care rather than neglect. A special mention are the exhibits on the Indus Valley settlements, namely the ancient Harappa, Gandhara, and the Mohen-jo-dar...
Located 6.6km outside Paris, the commune of Saint-Ouen is home to the one of the world’s best flea markets. In the nineteenth century, beggars would scavenge through people’s garbage to find things they could resell at the market. They were eventually expelled from Paris and relegated to the outskirts, where they continued and expanded their trade. In 1885, local authorities in Saint-Ouen ...