A signing ceremony to mark the cooperation between the COSCO(China Ocean Shipping (Group) Company) and the China Merchants Group on the Dalinghu Project, the third phase of the project for the Boao Forum for Asia Annual Conference, was held in Shenzhen on November 8th this year.

COSCO is one of the 53 large-scale state-owned enterprises that is subordinate to the State Council. In Boao, projects undertaken by COSCO such as the BFA International Conference Center, BFA International Convention Center Golf Club and Boao Gold Coast Hot Spring Hotel have gained widespread recognition.

Dalinghu Project has been listed as one of the key projects for strategic cooperation between the State Council and the Hainan Government, and also acts as a 3rd-phase supporting facility service for the Boao Forum for Asia Annual Conference.

Located at the center of Boao Water Ctiy in Qionghai City, the project will be built into a high-end comprehensive tourist resort. The project has had an estimated investment of 4.6 billion yuan, and covers a total land area of 1,600,000 sqm.

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