Disney Joins Hong Kong SAR Government in Theme Park Project.HONG KONG--(ENTERTAINMENT WIRE)--Nov. 2, 1999-- The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Company has reached an overall agreement in principle with the Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. SAR (Segmentation And Reassembly) The protocol that converts data to cells for transmission over an ATM network. It is the lower part of the ATM Adaption Layer (AAL), which is responsible for the entire operation. See AAL. SAR - segmentation and reassembly Government to build a new Disney theme park, Hong Kong Disneyland Hong Kong Disneyland (Traditional Chinese: 香港迪士尼樂園) is the first theme park inside the Hong Kong Disneyland Resort, which is owned and managed by the Hong Kong International Theme Parks, , on north Lantau Island, it was confirmed today by Michael D. Eisner, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , The Walt Disney Company. The definitive agreement requires approval of the Executive Council and Legislative Council in Hong Kong and The Walt Disney Company board of directors. The company's comments followed the announcement of the proposed agreement by the Chief Executive Tung Chee Hwa
The Honourable Tung Chee Hwa, GBM, D.S.Sc.(honoris causa) (Traditional Chinese: 董建華 in a public statement earlier today. The Chief Executive confirmed that Hong Kong SAR Government and Disney had reached an agreement in principle to build the theme park, and associated hotels and retail, dining and entertainment facilities. "The original Disneyland theme park is one of the cornerstones of the Disney heritage, so the decision to build a new Disneyland is among the most important decisions our company can ever make," said Eisner. "Following an extensive world-wide review, we came to recognize Hong Kong as a unique city in an extraordinary nation at a remarkable time. We look forward to working with the people of Hong Kong to develop the Lantau Island area as one of the world's premier tourism destinations." Eisner said that Disney's interest in building a theme park in Hong Kong also demonstrates the company's confidence in the Hong Kong market and ongoing interest in strengthening its presence in the Asia Pacific region. 6 "We are excited to have this opportunity to bring the Disney theme park experience to one of the most exciting locations in the world," said Judson Green, Chairman of Walt Disney Attractions and executive in charge of the project. "The agreement between Hong Kong and The Walt Disney Company represents an important investment in the future of Hong Kong tourism." |
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