This is a very promising development. It is a lot of money for government to dole out. Although I believe (someone please correct me if I am mistaken)* that the new Disneyland in Shanghai is costing more than that all combined.
* I am not. “Construction on a 24.5-billion-yuan (3.85 billion U.S. dollars) Disney resort in Shanghai’s southeastern Pudong New Area kicked off in April, and the park is scheduled to open in 2016.”