American entertainment company Walt Disney, which is investing $5 billion in a brand new theme park at Shanghai in China, has ruled out any investments in a theme park in India due to lack of support infrastructure apart from high investments required and sustainability of getting in visitors to the park on an ongoing basis for 365-days a year.
According to Andy Bird, chairman of Walt Disney International, theme park investment requires massive support infrastructure such as airports, power supply and roads, still not available in India. “Opening a theme park anywhere in the world is incredibly expensive and is highly complex business. Walt Disney is investing $5 billion in Shanghai in a new theme park, which excludes infrastructure,” Bird said here in an interaction with editors.
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