Sanya to invest RMB4.5 billion to build Yalong Bay commercial complex
Sanya is planning to invest 4.5 billion yuan in a resource-share vision with Shanghai Changning District Government with the aim of building a large commercial complex in Yalong Bay.
Located at the intersection of Yalong Avenue and Yefeng Road in the Yalong Bay Tourism Area, the complex occupies a total construction area of 329,000 square meters and the commercial sections takes up an area of 190,000 square meters.
The complex comprises of a high-end retail center, an outdoor theme entertainment park, 5-star hotels, dining zone, serviced apartments and commercial street, offering shoppers a comprehensive commercial shopping experience.
The business cooperation ceremony was held in the project’s marketing show suite. Relevant commerce representatives and related officials attended the ceremony.
Both companies strongly believe that that the complex will become a commercial landmark and greatly enhance the Sanya shopping environment.