Originally Posted By AutoPost This topic is for Discussion of <a href="http://www.LaughingPlace.com/Latest-ID-76756.asp" target="_blank"><b>Latest: Shanghai Disneyland Budget Revealed</b></a> <p>According to ShanghaiDaily.com, the mayor of Shanghai has put rumors to rest on the budget for Shanghai Disneyland by announcing Phase 1 - The Magic Kingdom would cost a total of RMB 24.5 billion or $3.73 billion US. The article also states Shanghai Disneyland will eventually feature three parks possibly including Epcot and Animal Kingdom.</p>
Originally Posted By Mr X Wow. Is that because it's going to be amazing, or has the U.S. dollar devalued so much that it sounds like a bigger number than it really is? I'm hoping for the former, that should be one heck of a Magic Kingdom if they're going to drop that kind of cash!
Originally Posted By FerretAfros Does anybody know that the initial buildout for HKDL cost? With the cost of reclaiming all the land, building the infrastructure to access the resort, a recreation area, along with two hotels and (part of) a park, I can imagine the total cost was pretty high. It would be pretty impressive if the SDL budget was more that HKDL's. I also don't think that the USD is terribly low. It may not have been what it once was, but for construction, which uses local materials (mostly) and local laborers, I would think that they would be saving quite a bit by building in China. That said, I'm still not entirely convinced that this park/resort will ever see the light of day.
Originally Posted By Anatole69 ^^ How much of that budget is inflated to cover the loss of money due to corruption? - Anatole
Originally Posted By Anatole69 ^^ To clarify I am not saying I know that there will be anything lost to corruption, just wondering based upon corruption that already exists in the Chinese government... I know that a lot of construction projects carry an inflated cost to cover up the money that is being stolen. - Anatole
Originally Posted By Witches of Morva ORDDU: My sisters and I really wish that there was a separate section created for Shanghai Disneyland topic threads. It makes no sense to have them located in the Hong Kong Threads. ORWEN: Yeah, if you're gonna' mix parks like this, why not have a thread about Disneyland Paris mixed in with Walt Disney World? ORGOCH: Got confusion?
Originally Posted By barboy2 ///The Magic Kingdom would cost a total of RMB 24.5 billion or $3.73 billion US./// I don't believe it. There is no way that a single park would cost around 4 billion. Even if the park were to be HUGE and feature all new attractions it still wouldn't cost that much. If this thing were to be built in Moscow I could believe it but labor in China is cheap and the park will have recycled attractions and ideas thus saving money. Now approx. 4 billion for a complete park, entertainment/shopping zone coupled with a hotel I could believe.
Originally Posted By TomSawyer That price is probably including all of the infrastructure, roads, etc, around the park. Still a lot of money. Can someone in China please go Mao's Mausoleum and let us know how fast the body of the Great Leader is spinning?
Originally Posted By FerretAfros >>That price is probably including all of the infrastructure, roads, etc, around the park. Still a lot of money.<< I'm sure it is, but I feel like that's still significantly more than HKDL's price, and they literally created the land there. In addition, I suspect that labor in HK is far more expensive than in mainland China. Maybe quality building materials are relatively expensive on the mainland (I know I saw a lot of cheaply-built structures there last summer), but I still am having a very hard time seeing what could make it cost that much. Even half of that cost seems a little rediculous!
Originally Posted By jmuboy "Can someone in China please go Mao's Mausoleum and let us know how fast the body of the Great Leader is spinning?" LOL! Those crazy Communist capitalists!
Originally Posted By Anatole69 I still think part of that inflated cost is probably due to corruption. - Anatole
