The Hong Kong government, which owns a controlling stake in the resort, said Tuesday it signed an agreement with Disney for the expansion, which also calls for renovating the park's castle and adding an attraction based on Disney's new animated film "Moana."
Hong Kong is striving to improve its competitiveness as an Asian tourism destination following the June launch of Shanghai Disneyland, a $5.5 billion resort that many had feared would siphon off mainland Chinese visitors to the Hong Kong park.
