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Wednesday, October 01 2014 @ 06:12 AM EDT

Walt Disney Coming to Panama

Foreign Direct Investment By Rodrigo Campos, Associated Press Writer Ciudad de Panama—Panama officials confirmed today that the government of Panama has issued The Walt Disney Company the required permits to begin construction on a $658 million theme park near the Pacific Coast. The first phase of the project, which will be named Disneylandia, is set to be completed in November 2012 and will include a theme park, hotels, airport, and production studio. Located on the Pan-American Highway near the entrance to the resort town of Coronado, the 350 acre park is expected to significantly increase the number of tourists entering the Central American country annually. Disney officials cited many reasons for choosing Panama as the new location of Disney, including a dollarized economy, strong democratic government, and the need to give Latin American residents who find it difficult to get an American Visa the opportunity to visit the home of Mickey and Minnie Mouse. Disney purchased the land in 2001, and plans to purchase more land in the future for expansion. (more)

As part of a deal struck with Panamanian officials to bring the theme park to the tiny country, the names of nearby coastal areas will be changed to reflect Disney inspired themes. This has drawn the ire of local residents, who claim that the government never met with them to discuss the changes.

"The government has sold out our beautiful community without telling us anything," says Ernesto Arosemena of Gorgona, which will soon be named Agrabah, after the Arabian town in Aladdin. The area at the entrance to Gorgona is slated to become a satellite parking lot, and officials plan to build a train from there to the main entrance of the park.

Disney officials are assuring locals that they will hardly notice the construction, officially set to break ground on December 28th. Although the park plans to have construction 24 hours a day, 7 days a week, they tell residents that they should only expect traffic delays Mondays through Saturdays. For more information, please visit http://tinyurl.com/2ht3po .

(Submitted by Jerin Tate)

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Walt Disney Coming to Panama | 6 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.
Walt Disney Coming to Panama
Authored by: Anonymous on Wednesday, April 01 2009 @ 11:22 PM EDT

they tell residents that they should only expect traffic delays Mondays through Saturdays!!!!!!!!!! WOW so they get one whole day without sitting in traffic for hours?? what a great deal. I just hope that mickey mouse is not told his visa is no good and has to pay out 40.00.

Walt Disney Coming to Panama
Authored by: Anonymous on Saturday, April 04 2009 @ 02:04 PM EDT

does anyone know where on the highway close to Coronado this is planned?

Walt Disney Coming to Panama
Authored by: Anonymous on Saturday, April 04 2009 @ 02:49 PM EDT

what a wonderful source of income many, many job-less panamanians will benefit from.
i lived in france when the disney park opened there, and it was an amazing opportunity for the local people.

Walt Disney Coming to Panama
Authored by: Anonymous on Monday, April 26 2010 @ 09:27 AM EDT

Great news. How far along do you expect it to be by April First, 2011.

Walt Disney Coming to Panama
Authored by: Anonymous on Friday, November 19 2010 @ 04:43 AM EST
If this park looks like the one from this video Tokyo-disneyland-dreams-on-parade-disneylandia-summer-camera-by-kio , I am ready to wait till 2012 ;)