Annual investment in Sanya’s Haitang Bay reaches RMB10 billion
It is expected annual investment in Sanya’s Haitang Bay will total RMB 10 billion, which will be injected into a variety of projects in 2013 and 2014.
During the second half of last year, 10 scenery towns were planned for Haitang Bay, with each town having a construction period of one year. Work commenced on 6 towns last September, and one town has just seen preparatory work commence.
The 7 scenery towns, which have a total area of 4700 mu and a total construction area of 2.1 million square meters, are expected to require an investment of 3.4 billion yuan at the end of this year, accounting for 42.5% of the total investment. They will be put into use at the beginning of 2014, when 3,888 placement houses will be provided.
Meanwhile, the government plans to invest 10 billion yuan into the construction of 14 international luxury hotels and international shopping centers which are under construction this year and next, and 8 to 10 hotels and the commercial part of the shopping center are expected to be completed and put into operation.
In addition, a public senior high school will be built in Haitang Bay in order to provide high-quality education.