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It will be located on reclaimed land in Penny's Bay, the northwestern tip of Lantau Island, approximately two kilometres from Discovery Bay.
The project is planned to include a Disney theme park, two hotels and retail, dining and entertainment facilities stretching over 126 hectares (310 acres) on Lantau Island; and will feature a replica of an American style 'Main Street' and fireworks every night, amongst other attractions.
Transportation would be served by its own rail network, with specially-designed trains, linking to the Yam O station currently under construction on the MTR Tung Chung line.
The Hong Kong government will own 57% of the US$1.8 billion park project, and expects it to provide 18,400 jobs on opening and up to 35,800 jobs over the following 20 years. The total economic benefits amount to an estimated HK 148 billion (US$19 billion), or about six percent of Gross Domestic Product (GDP).
The park is planned to attract five million visitors a year, mostly locals, tourists from mainland China and nearby Asian countries.
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