04 September 2008

Disney boss talks of expansion

HONG KONG - Hong Kong Disneyland's new managing director said the troubled theme park needed to build more attractions in order to thrive, but a government funding dispute had not yet been resolved.

Andrew Kam said Disney was hoping to resolve the dispute with the Hong Kong government over how to fund future expansion as soon as possible.

''Both shareholders are very much interested in growing the business. They want Hong Kong Disneyland to be a tourist destination in Asia,'' he told reporters just two days after taking up his job.

Kam declined to put a timetable on resolving the dispute, which has been rumbling for about 18 months. The park celebrates its third anniversary next week.

Source: AFP and The Standard

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