Is Universal Studios China on its way?
Published: January 4, 2014 at 7:20 AM
Blooloop found a report from Shanghai Securities News that officials from the National Development and Reform Commission in Tongzhou District in Beijing have filed an application to begin construction on the park in the fourth quarter of this year.
The project's budget is estimated at US$2 billion (RMB12 billion). Demolition is underway at the site, and the report says that construction would be completed by January 2018.