A partnership led by by Chinese billionaire Wang Jianlin's Dalian Wanda Group Co plans to invest more than $3 billion euros (S$4.65 billion) in a retail and leisure development project outside of Paris, taking on Walt Disney Co in the euro area's second-largest economy.
EuropaCity will be built 10 kilometers northeast of Paris. It will be the biggest single investment project in Europe to date, including a theme park, show stage, hotel, retail stores and conference centers, the company said in a statement.
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