Penny's Bay or Chuk Ko Wan (Chinese: 竹篙灣) is a bay in north-eastern Lantau Island, and is the site of the Hong Kong Disneyland Resort, which consists of the Hong Kong Disneyland theme park, Disneyland Hotel, and Disney's Hollywood Hotel, and the Inspiration Lake. It had been a trading port since the Ming dynasty.  It is connected by a highway and a rail connection on the MTR Disneyland Resort Line to Sunny Bay Station.
Before the reclamation of the bay, Cheoy Lee Shipyard operated in the bay from 1964 to April 2001. The Government acquired the land from the owners for the sum of HK$1.48 billion, and paid HK$22.7 million in additional compensation, according to a Public Works Subcommittee paper from May 2002.
The Government had not realised that its operations accumulated 30000 cubic metres of soil contaminated with dioxin, heavy metals, and hydrocarbons. The solid waste was dug up and transferred to To Kau Wan on the north shore of Northeast Lantau for temporary processing, and finally incinerated at the Chemical Waste Treatment Centre on the Tsing Yi Island amid protests by residents. The total cleanup cost not taken into account at the time of acquisition was estimated at 450 million Hong Kong dollars.
- "District Council Constituency Boundaries - Tsuen Wan District" (PDF). Electoral Affairs Commission. Retrieved 2019-05-05.
- Ng, Monday (November 12, 2004). "Toxic chemical disposal plan alarms residents". South China Morning Post. Retrieved 2007-03-20.
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- 一齣環保悲喜劇 (in Chinese) – Friends of the Earth (HK)
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