Disneyland Paris to invest €2bn into expansion
The US-based media company, the Walt Disney Company, has announced plans to expand its theme park located about 20 miles from France’s capital city.
The firm will invest €2bn (US$2.44bn) into the construction project, which will start in 2021, and be executed in phases.
The multi-year project will see the additions of Marvel, Frozen, and Star Wars related sections in Disneyland, as well as a new lake.
Disney’s CEO and Chairman, Robert Iger, made the announcement following a meeting with France’s President, Emmanuel Macron, the BBC reports.
“We’re very excited about the future of Disneyland Paris and continue to invest in its long-term success,” commented Mr Iger.
“The resort is already the leading tourist destination in Europe, and the transformative expansion we announced today will add even more of our beloved characters and unparalleled storytelling to create new lands, attractions and entertainment that further elevate the guest experience and drive new opportunities for tourism in this dynamic region.”
The construction news is thought to combat the park’s financial issues as it has received dropping numbers of visitors.
Since launching in 1992, Disneyland Paris has received approximately 320mn visits, and currently employs 16,000 people.
217,000 extra workers needed to meet COVID-19 recovery
As the construction industry’s recovery progresses, the Construction Industry Training Board’s (CITB) Construction Skills Network (CSN) forecasts have led the organisation to believe the industry will reach 2019 levels of output in 2022.
The CSN says there will be an increase in the number of construction workers in “most English regions” by 2025, with demands forecasted at a 1.7% rise for the East Midlands, and a 1.4% rise for the West Midlands.
Scotland and Wales are also predicted to see a surge in demand for construction workers with a total increase of 1.4% and 0.7% respectively. The North East is the only region to see a slight decline in workforce demand at -0.1%.
Wood and interior fit-out trades among the most desirable during COVID-19
According to CSN’s forecast, the trades that are the most wanted are those of wood and interior fit-outs, with both requiring around 5,500 workers per year. Other in-demand trades include technical staff and other construction professionals, requiring 5,150 workers each year, construction managers at 3,600, and the electrical installation trade, which requires 3,400 staff per year.
There is also expected to be demand for 7,850 non-construction, office-based professionals and technical and IT support staff each year. Steve Radley, Policy Director at CITB, said: “It’s great to see construction coming back so strongly and creating lots of job opportunities.
“We need to adopt new approaches to meet these growing skills needs and deliver these quickly. We are working closely with the government and FE to build better bridges between FE and work and make apprenticeships more flexible. We are also making significant investments in supporting work experience that make it easier for employers to bring in new blood.
“We must also make sure that we invest in the skills that will drive change and meet new and growing needs such as Net Zero emissions and Building Safety. We will be announcing plans soon to tackle specific skills and occupations such as leadership and management, digital skills, and skills related to energy efficiency”, he said.