Evergrande Group: RMB160 billion investment to build artificial island in Hainan
Haihua Island
The creation of an artificial island is a massive undertaking and an ambitious project. Evergrande Group, or the Evergrande Real Estate Group, also known to be China’s second-largest property developer by sales, has planned to make that happen with a RMB 160 billion investment. The future-to-be artificial island will bear the very melodious name of Haihua.
High-end Tourism Project
Haihua Island involves a total sea reclamation area of 12,000 acres and will be located off the coastal area of Yapu Bay in Danzhou City. The development of Haihua Artificial Island includes:
-A super-large international conference center
-58 hotels
-A European-style hotel
– A fairytale playground
– A 127,000-sqm-ocean world
– 23 water parks
– A central park
– An international shopping center
– 6 scenic commercial streets
– 8 themed food streets
– A tea and bar street
– 28 styled museums
– 5 exotic hot springs
– A cultural theater
– A cinema arts center
– A Chinese film studio
– 7 folk performance plazas
– A botanical garden housing rare species of plants and trees
Hainan and Flowers
Once the project has been completed, the Haihua Island will take an elegant flower shape and will be host to a large number of residential, leisure and entertainment centers. The end result is expected to be astonishing!
Finally, this project goes hand in hand with the development strategy of Hainan International Tourism Island, as it will promote the image and quality of Hainan’s coastal tourism hence greatly enhancing the development of Hainan’s tourism.
SOURCE: WOS Team
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