It will be located at on a massive land reclamation project 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; as well as its own rail network linking from Yam O.
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 5 million visitors a year.
See also: