PARIS-The French government and Euro Disney, operator of the Disneyland Paris resort, are planning a series of new projects that could generate $10.8 billion of investment by 2030, mostly from individual and institutional investors.

A new tourism project to be developed in partnership with the Pierre & Vacances group is expected to account for $2.4 billion of the investment. The project, to be called Les Villages Nature de Val d’Europe, will be based on sustainable development. The launch of the project will depend on market conditions but it could ultimately cover about 1,200 acres.

The plans are outlined in an amendment to the 1987 partnership agreement between Euro Disney and several French public authorities. The amendment extends the area covered to 5,500 acres from 4,500 acres and gives Euro Disney the right to build a third theme park on the site east of the French capital. Officials have also committed to pursue the urban development of the Val d’Europe area to facilitate a rebalancing of economic growth and job creation in the eastern part of Ile-de-France, including the development of new housing.