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(From Asia Pulse)
An executive briefing on infrastructure for July 26, 2005, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
HONG KONG OCEAN PARK PLANS US$700 MLN REDEVELOPMENT
BEIJING - As the new Hong Kong Disneyland officially opens on September 12, Ocean Park, once the only game in town, is determined not to be outdone with a HK$5.5 billion (US$700 million) redevelopment plan.
Due to start in 2006, redevelopment of the fun park should be completed in 2010. The new-look park will be divided into two major areas - the Waterfront and the Summit, which together will boast more than 70 distinctive attractions.
ANALYSIS: ECONOMIC …