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Disney, France Plan $11B Investment

PARIS-Possible projects include another theme park and mixed-used development, including housing, on the east side of the capital.

By Allan Saunderson | Updated on September 24, 2010

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.

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