Fixed-asset investment in Haitang Bay accounts for 25% of total in Sanya
Planning and urban design picture of Haitang Bay
The fixed-asset investment in Haitang Bay, which covers spending on projects like 32 five-star luxury hotels, a duty-free complex, local-flavored scenery towns and large scale entertainment facilities, hit over 10 billion yuan, accounting for 25% of the total in Sanya city in 2012.
Haitang Bay is one of the five major bays in Sanya, together with the Sanya Bay, Yalong Bay, Yazhou Bay and Dadonghai.
Since China announced its ten-year plan to develop Hainan into an international resort destination by 2020, the Haitang Bay area has seen its fair share of development.
7 five-star hotels have begun operation along the coastline of Haitang Bay including the Conrad and Doubletree Sanya Haitang Bay by Hilton and the Renaissance Sanya, Haitang Bay Kempinski and Gloria.
The Hainan Branch of the 301 PLA General Hospital, which provides the highest level of medical service to tourists and locals in the area, also opened to the public at the end of 2011.
Besides, middle and low-end hotels as well as scenery towns in the third-tier section are being planned on the second-tier and third-tier land sections, offering complementary accommodation options for visitors.