Euro Disney SCA has revealed its ambition for a third Paris theme park development after securing an agreement with the French government to expand its operations.

The deal is set to allow the group to develop a new resort in the Marne-la-Vallée region, alongside the original Disneyland Paris and the eight-year-old Walt Disney Studios attraction. Euro Disney has been given an additional 13 years and an increase in the amount of land it has available to build on following the agreement, which is an amendment to an original deal signed in 1987.

A sustainable tourism scheme - Les Villages Nature de Val d'Europe - is also planned in partnership with the Pierre and Vacances Group and is expected to cost €1.8bn (£1.5bn). In total, Euro Disney estimates that around €8bn (£6.7bn) is to be invested by 2030 in its proposed developments, which are designed to further boost the region's tourism industry.

Euro Disney chief executive officer Philippe Gas said: "For more than 20 years, this model has brought sustained growth to the region, while ensuring a close relationship with our public partners and neighbouring communities. "We are committed to continue developing our tourist destination and supporting France's tourism leadership, while addressing the challenges of sustainable development."