Property mogul Wang Jianlin’s Wanda Group to invest US$11.7b in world-class tourism project in rust-belt city of Shenyang

Wanda Group, the profligate Chinese conglomerate that is halfway through a massive debt-shedding exercise, has unveiled one of the largest ever investments in the northeastern Chinese city of Shenyang totalling 80 billion yuan (US$11.7 billion).The property-to-entertainment conglomerate controlled by tycoon Wang Jianlin said on Wednesday that the new investment will go towards building a “world-class” cultural tourism project, an international hospital, an international school and five Wanda… Source link

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Hong Kong-Zhuhai-Macau Bridge seeks world-class tourist attraction to alleviate Chinese tourist congestion

Plans are underway to turn one of the artificial islands that makes up the Hong Kong-Zhuhai-Macau Bridge into a world-class tourist attraction in an attempt to address complaints about the US$15.3 billion project.The Hong Kong-Zhuhai-Macao Bridge Authority has invited entertainment companies to bid for the overall planning and conceptual design of a tourism development and supporting facilities on the eastern artificial island of the bridge close to Hong Kong’s Lantau Island, according to a… Source link

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