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Disney To Invest Two Billion Euros In Paris

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Fairy tales always bring to our mind Walt Disney. Disney movies and TV series had become a huge part of our lives and they shaped our childhood completely. We’ve fallen in love with those classic fairytale stories and even if we’re now working adults, we still dream of finding our knight in shining armor or at least, our dearest Prince charming to achieve our own Happy Ever After.

Sometimes we even wish that our popular fandom like Frozen, Marvel, and Star Wars come into reality even for just a short period of time. That’s also why most people around the world include the Disneyland to their travel goals and bucket list. It seems the Europeans are in it for the real deal because Walt Disney just announced its plan to build Attractions in its newest Disneyland Park in Paris!  

Walt Disney to Invest 2 Billion Euros to Build Frozen, Marvel, and Star Wars Attraction in Paris Disney-themed Park

Artist's Impression of Euro Disney Once The Three Major Attractions Has Been Completed

Artist’s Impression of Euro Disney Once The Three Major Attractions Has Been Completed

It can be remembered that last year, Walt Disney had taken the full control of the popular French tourist HubSpot and made it as one of the most popular themed Park in Europe. Millions of European citizens are flocking to France to visit their famous Disneyland-themed park. And because of this success, Walt Disney had announced that it’s going to expand its features by building popular tourist attractions such as Frozen, and Star Wars. Yes! You read it right! Loyal fans of these vast fandoms can now enjoy indulging the world of their favorite series because it’s going to be built in France soon!

If you’re part of the EU, you won’t have to travel across the continent anymore just to see your favorite Disney attraction!   

Before the said announcement, there are few speculations already circulating around the internet that Disney is set to build a Marvel-themed roller coaster as well as other attractive features in France. However, this was the first time that Disney confirmed the rumor and even stated that aside from Marvel, tourist attractions for Frozen and Star Wars will be added too. Disney’s CEO, Bob Iger, had formally announced the huge investment funding after meeting and having a consultation with the French President Emmanuel Macron. The development phase of the said three major attractions will start in 2021. You can view the video below:

The Walt Disney CEO even claimed that this new investment is their most ambitious project ever since they established the Disneyland Paris in 1992. After a couple of years, they deemed it’s time to step up Paris Disney park to the next level by branding it as the Disney-themed parks’ beacon in Europe. And Iger is confident that these three major project developments will help them achieve that long-term goal.

French President Macron welcomes the huge investment to France

Prior to being the country’s president, President Macron was a former investment banker. He’d been long pushing and promoting for France to have some economic and social reforms. He stated that Disney’s huge investment in the country shows that France is back in the investment industry. This also shows that giant foreign investors such as Disney are confident in pouring their business and investments in the country. It can be remembered that Eurodisney was facing a deep financial crisis before because of debt. That time, the profit gained from visitors wasn’t enough to compensate the debt the Euro Disney had.

Marvel themed Park Is Set to Rise Soon in 2021

Marvel themed Park Is Set to rising Soon in 2021

However, France had long recovered and they’re now enjoying an astounding 320 million visitors from all around the world. The French tourism comprises around 6.2% of French’s income. Aside from that, it also generates around 6,000 jobs and employment to many of French citizens. Disneyland Paris currently has a massive land area of 2,230 hectares just 20 miles east of the French capital, so it’s highly accessible to the tourists flocking to Paris. However, only half of the site is in operation. The remaining half will be used to build these three major tourist attraction in the future.

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