Government forecasts supporting the matched funding ofHong Kong Disneyland's expansion plans justify the investment in the theme park and the cross-border bridge linking to Macau and Zhuhai with a prediction of9.5 million visitors a year by 2025 (40 per cent increase on 2015).
However the South China Morning Post points to sources of increasing competition in the region which may adversely affect these figures:
- At least 10 theme parks are scheduled to open in the region between next year and 2020.
- 21 theme parks opened in China last year alone (currently there are around 300 theme parks in China)
- Disneyland Shanghai opened in June 2016
- Universal Studios Beijing is set to open in 2020
Rachel Read
Rachel is co-founder and strategic director at blooloop. She has a degree in engineering from Cambridge University, is a Chartered Accountant and has certificates in Sustainability Leadership and Corporate Responsibility from London Business School, and Sustainable Marketing, Media and Creative from Cambridge University's Institute for Sustainability Leadership (CISL). Rachel oversees our news, events and sustainability.
