Disney To Build Theme Park In Abu Dhabi [VIDEO]

The New York Times reports:

In a new test for its singularly American brand, the Walt Disney Company said on Wednesday that it had reached an agreement with the Miral Group, an arm of the Abu Dhabi government, to build a theme park resort on the Persian Gulf.

The property, the seventh in Disney’s global portfolio, will have a castle and modernized versions of some classic Disney rides, along with new attractions tailored to the climate and local culture.

Disney and Miral declined to give acreage, budget or construction timeline details for what they are calling Disneyland Abu Dhabi, except to say it will be a full-scale property on a par with Disney’s other “castle” parks. Miral is footing the entire bill for building the park. (New theme parks of this scale typically cost $5 billion or more.)

Read the full article. Disney just released the video below.