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November 07, 2007

Disney May Consider Site in Malaysia

Walt Disney Co is looking to build a theme park on a 500-acre (202-hectare) site in southern Malaysia, a business weekly reported on Saturday. Citing unnamed sources, the Edge said the theme park, to be located in Bardar Nusajaya in the Iskandar development zone, would be ready six years after a deal was signed, according to early proposals. The 2,200 square km (850 sq miles) Iskandar zone has so far clinched at least $6 billion in investments, including a $4.7 billion maritime park proposed by Dubai World and Malaysia's infrastructure-to-energy group MMC Bhd.

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