Sanya to sink RMB180.5b into 243 key projects from 2011-2015
According to the Sanya Government, 243 major projects in Sanya have been initially selected during the 12th Five-Year Plan period (2011-2015) with a total investment of RMB316 billion, reports hinews.cn.
Among them, 106 projects are government-invested public projects, with a total investment of 86.5 billion. The other 137 projects are social investment, with a total investment of 229.7 billion yuan.
The initial selection of 243 major projects include the third-phase expansion project of Sanya Phoenix International Airport, the International Cruise Terminal base, Western Water Supply project and sewage treatment plant.
During the the 12th Five-Year Plan period, in order to improve tourism competitiveness and core characteristics, Sanya will strive to explore more high-ended tourism products and the investment on the tourism industry will account for 33% of the total investment.