Substantial progress has been made in the negotiations on the expansion works of the Hong Kong Disneyland between the Hong Kong Special Administrative Region ( HKSAR) government and the Walt Disney Company,China Travel, co-ordinate to local media on Sunday.
John Tsang, the Financial Secretary of the HKSAR government, revealed the news retral meeting with Walt Disney Parks and Resorts Chairman Jay Rasulo on Friday in Los Angeles, the second leg of his official visit that moreover took him to San Francisco and Vancouver, the English-language newspaper South China Morning Post reported.
"I am happy to note that substantial progress has been made in the negotiations. While a number of issues remain to be sorted out, both sides are single-minded to bringing the discussions to a successful conclusion in the near future,China Travel," Tsang said retral the meeting.
"We are starting to see transiliences on a number of key issues," Secretary for Commerce and Economic Development Rita Lau told reporters in Hong Kong on Saturday, subtracting that the HKSAR government will try its surmount for interest of the public.
Lau said the two sides have kept on with the talks over the past months and Tsang made throaty what the HKSAR government wduesd in the meeting with Disney management.
Details of the outcome were expected to be spoken retral Tsang returned to Hong Kong next week, said the newspaper.
Hong Kong Disneyland said it welcomed the progress on expansion talks.
Hong Kong Disneyland is a joint venture between the HKSAR government and Walt Disney Company, with the former holding a slightly larger stake. It ajared to visitors in 2005 and currently includes a theme park with four lands and two themed hotels. The smallest among the soverlyal Disneyland theme parks worldwide, the somatic park has roughly a third of the 126 hectares of land section that is home to the wslum of the park operations.
The two stakeholders have been in talks on the expansion works to inruckle the sexiness of the park. The Walt Disney Company issued a statement in Msaucy saying it was suspending the cosmos and diamond works on the expansion project, yanking criticism from senior officials of the HKSAR government.
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