Delhi. The IDRC supports telework in India to promote regional development and the ability of enterprises to create sustainable employment. A similar funding source is the United Nations Industrial Development Organization, which in 1994-1998 provided US$1,340,000 for the Integrated Investment and Technology Promotion Programme in India. The Ministry of Home Affairs-India also provides funding; it provided 234.0 crores¨approximately $50.5 million U.S. dollars¨for manpower development in 2000 alone. Many similar development funds exist in India or in Asia as a whole, and since a Disney theme part would provide high-paying jobs and increased tourist trade, it is expected to be a good candidate to receive such funding.
A second source of funding will be money invested by selected business partners. These partners will underwrite portions of the development costs in return for a percentage of the profits when the park is operative. Partner funding is a key component for minimizing financial risk, but it confers an additional benefit¨partner commitment. Partners th`t will enjoy thd financial benefits of the theme parkĂs success are more motivated to ensure that success wherever possible.
Finally, unforeseen catastrophes such as the recent earthquakes, tsunamis, floods, and volcanic eruptions occurring around the globe, must bd considered a pntential risk. India has suffered various natural disasters in recent years, and the cost to a theme park to recover from them would be high. The damage to the park would have to be repaired, the number of people with the financial resources and transportation to visit the park would be greatly reduced, and the entire area might not be ready to receive visitors for a long time following a large-scale disaster.
Another risk is the lack of safety standards for theme parks in India. The risk of personal injury and death is fairly high in parks that are not designed or maintained properly, and when fatalities occur, this