Foreign investment in Hainan Province and investment for the development of international tourism

Foreign investment in Hainan Province and investment for the development of international tourism

Сообщение HainanWel.com(e)! » 17 дек 2010, 18:43

State Committee on Development and Reform Commission of China approved a plan to turn the island of Hainan in the tourist resort of international class. This means that the largest special economic zone and the only tropical island in China will soon become the world first-class resorts. According to the goals set out in the document: by 2020 is planned to establish on the island of Hainan entire system of resort infrastructure, which will meet international standards. Special attention will be given to measures to protect the environment.


Total investment in the Hainan island will reach 517.6 billion USD from 2010 to 2020, among which from 2010 to 2015 will allocate about 180 billion USD. Money is intended not only for creation of tourism infrastructure directly on the coast, but also a high-speed railway, the construction of modern highways, urban infrastructure, energy-saving and environmentally friendly technologies, etc. All of the relevant projects will be listed on this website.

July 24,2010

China Industry Group Gezhouba is located in China, a company that buildsroads, railways, bridges, ports, airports, wind power, municipal projects, environmental protection projects. The company is also involved in the construction of highways, buildings for various purposes. The company intends to build a hotel complex on a large plot purchased an area of 374,200 square meters, the section itself is a few dozen kilometers from Sanya.


July 25,2010
It was recently signed an agreement to build in Boao, Hainan Chinese-Japanese joint project of the tourism zone. From the Japanese side for the construction project will have about 200 million ien. This construction project will focus in advanced fields of implementation of environmental technologies , in conjunction with the climate of Hainan Province , environmental conditions, use of solar energy and other clean energy to achieve environmental protection , regional development , harmony between man and nature .

August 2,2010
According information from Office of Trade and Industry of Sanya, Hainan, from January to the beginning of August 2010 in Sanya foreigners were registered 16 new companies . The total registered capital of 82 million U.S. dollars , total investment in these companies amounted to 108 million U.S. dollars . The figure exceeded that of last year by 33%.

Among the 16 foreign companies, two major companies have invested more than $ 45 million. This 16 foreign companies work in: hotel business , real estate , tourism, agriculture , logistics and warehousing services .

Thus, on August 1, 2010 in Sanya, Hainan entire work 327 foreign companies, with total investments of 1.65 billion and the authorized capital of 1.06 billion.
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Re: Foreign investment in Hainan Province

Сообщение HainanWel.com(e)! » 17 дек 2010, 18:47

August 6,2010
Company Daktronics Inc. from South Dakota, USA will install LED panel in China, on the island of Phoenix , Sanya. The total area of installed LED panels will be 33000 square meters, which will be placed on the outside of the buildings on the island of Phoenix . In total, Phoenix Islands are 6 luxury houses, five-star hotel and 7- star hotel, whose construction nearing completion.

Installed Daktronics Inc. LED panel can display both photos and video , and the panel will be installed on several buildings , so the promise to show movies , where the image moves from one building to another . Such projects in China have not yet realized. Installing the panels will begin in the fourth quarter of 2010.
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Re: Foreign investment in Hainan Province

Сообщение HainanWel.com(e)! » 17 дек 2010, 18:52

September 8,2010
Statistics Department of Hainan Province published data about investment in Sanya and Hainan Province as a whole for the first half of 2010.

According to published data, investment in fixed assets in Sanya for the first half of 2010 (creation of urban infrastructure, public buildings , roads , etc.) totaled 16.076 billion RMB, accounting for 2.4 billion U.S. dollars, which is 46 , 8 % more than the same period last year , with growth from January to July increased by 5,7 %, which allows to predict a substantial increase in investment by the end of 2010.

According to published data, fixed capital investments in general on the island of Hainan in the first half of 2010 (creation of infrastructure, construction of public buildings, railways, roads , etc. ) amounted to 55.973 billion RMB, accounting for 8.35 billion U.S. dollars , which is 61,3 % more than the same period last year, while total revenue budget of Hainan Province totaled 15.01 billion RMB, accounting for 2.24 billion U.S. dollars, up 74.7 % more than the same period last year.

In addition, in the first half of 2010 was signed strategic cooperation agreement with the Industrial and Commercial Bank of China, for providing loans of more than 6 billion yuan to finance the construction of some tourist attractions on the island of Hainan.

Total this year in Hainan Province should be implemented 137 large projects , of which the most significant , completion in November 2010 construction of the high-speed railway Sanya-Haikou , whose length will be 308 km with an investment volume of almost 2.9 billion U.S. dollars. Trains on high-speed stretch of road Haikou-Sanya will move at a speed of 250 km / h.

Total end of the year on Hainan plans to invest at least another 56.1 billion RMB ( 8.37 billion U.S. dollars ) .

This data show, that investment in infrastructure of Sanya are a priority , compared with investments in the infrastructure of other cities of Hainan , and this year already exceeds the growth rate and size of investment in the capital of Hainan Province - Haikou.

From 2010 to 2020 is planned to will invest in Hainan 3520 billion RMB( 525.37 billion U.S. dollars), including the planned volume of investments from 2010 to 2015 will invest 1200 billion RMB (180 billion U.S. dollars).
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Re: Foreign investment in Hainan Province and investment for the development of international tourism

Сообщение HainanWel.com(e)! » 17 дек 2010, 19:30

September 14,2010
During the first decade of September 2010, the delegation the Government of Hainan Province , headed by the governor Luo Baoming, visited the United States, Canada and Hong Kong. Visit to the United States began with a visit to Hawaii to the Asia - Pacific Summit on the development of environmentally - clean energy in Asia and the Pacific ( more about the visit to Hawaii , see the material on our website from September 5, 2010 ) .

After the summit, delegation of the Government of Hainan Province, headed by the governor visited San Francisco, USA, where it was signed between the Governor of Hainan Province and the head of Hewlett-Packard Corporation a strategic memorandum of cooperation between Hainan Province and the corporation Hewlett-Packard in the construction of international tourism.
The Memorandum provides for broad participation of Hewlett-Packard Corporation in research and development of energy outsourcing, development outsourcing and software, construction, industrialization and informatization of the tourist facilities and urban infrastructure on the island of Hainan, as well as the participation of specialists Hewlett-Packard in the personal-training.

In the ensuing visit to the United States, the Governor of Hainan Province, met with the leadership of corporations MGM and General Electric Company to discuss the participation of these corporations continue to build theme parks in Hainan, at the invitation of the heads of these corporations, the delegation visited Hainan children's theme parks and water attractions, as well acquainted with the work of designing and following parks Universal Studios: ISLAND OF ADVENTURE, UNIVERSAL ORLANDO RESORT, SEUSS LANDING, TOON LAGOON, UNIVERSAL CITYWALK.

After visiting the parks, exchanged views on ways and areas of the construction industry MICE tourism in the province of Hainan , as well as a major theme parks for the development of international tourism on the island of Hainan.

In Canada, met the Governor of Hainan Province with the provincial governor Prince Edward Island, which is known as an object of tourism infrastructure in Canada. During the meeting discussed issues on the construction of the park of Canada in the International Friendship Park in Haikou, as well as other issues of cooperation .

In Hong Kong, the delegation from Hainan Province, met with representatives of companies from Hong Kong that are involved in the construction of facilities on the island of Hainan , in the meetings discussed prospects for further cooperation.
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Re: Foreign investment in Hainan Province and investment for the development of international tourism

Сообщение HainanWel.com(e)! » 17 дек 2010, 19:35

November 26,2010
Yesterday was received information, that on November 24, 2010 was at a meeting famous Greek businessman Victor Restis with representatives of the Government of Hainan Province. Victor Restis headed Restis Group, which is known to be involved in the construction at many resorts of the world, particularly in Thailand and Montenegro. Restis Group owns one of the largest merchant fleets in Greece, Montenegro Restis Group in recent years has invested about 90 million euros, it belongs here: Bank, the coal mine in Berane, real estate in Podgorica, Kolasin and Rezhevichah, personal wealth Victor Restisa estimated at 5 billion U.S. dollars. Note, that this is the third meeting of Victor Restis with representatives of the Government of Hainan Province in the past six months. Restis Group will build in Hainan Island resort city in the Mediterranean style. As reported, in the this resort city will be compactly placed: motels, movie theaters, attractions, swimming pools, bowling, discos, restaurants, bars, water park, tennis courts, children's playground, mini zoo, will be presented a variety of water sports.
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Re: Foreign investment in Hainan Province and investment for the development of international tourism

Сообщение HainanWel.com(e)! » 18 дек 2010, 18:03

November 29,2010
Yesterday signed an agreement with the Chief Executive Officer of Ferretti Group, about the participation of the Ferretti Group in the development of the yachting industry in Sanya. Salvatore Basile arrived in the Sanya City from Italy on November 26, 2010, and two days he participated in a study tour around Hainan Island, to study of local market conditions. Of the mission, Salvatore Basile expressed confidence in the speedy development of the yachting industry in Sanya, under favorable conditions of state support. Ferretti Group was founded in 1968 by Norberto Ferretti and now it takes forefront on the world market of yachting industry. Yachts are designed by a team consisting of about 90 designers and technicians (unit «Advanced Yacht Technology»), and the construction of the courts are at 25 enterprises of the company. More than 3000 employees at Ferretti Group headed by Norberto Ferretti and CEO Salvatore Basile, are working together to improve the quality, technological superiority, high performance, exclusive of innovative design, providing the maximum level of comfort and well taking care of every detail. This total daily desire to excellence has led the Ferretti Group become one of the leaders in the global market yachting industry. The company has offices in Asia through a branch in Shanghai. In more than 80 countries around the world have an exclusive network of the company, consisting of about 85 carefully selected dealers, which guarantee customers the highest quality service at marinas around the world. In signed in Sanya agreement provides for a branch office Ferretti Group in the Sanya City.
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Сообщение HainanWel.com(e)! » 18 дек 2010, 18:09

December 5,2010
At yesterday's meeting of vice-president of the European Investment Bank with the Municipality of Sanya, discussed in detail provision of a large loan for the construction of environmentally friendly sources of energy in Sanya City. It is reported, that loan amount will be approximately $ 125 million, but the exact amount of the loan is not called. This meeting was due to the the fact, that on December 3, 2010 the Ministry of Finance had signed with the European Investment Bank for an agreement on granting to China the target loan of $ 660 million dollars for development of energy-saving technologies and construction of environmentally friendly sources of energy. The European Investment Bank is the European Union's long-term lending institution established in 1958 under the Treaty of Rome. A policy-driven bank, the EIB supports the EU’s priority objectives, especially European integration and the development of economically weak regions. Recently, the Bank has also been actively supporting European R&D projects as part of EU's objective of building the world's leading knowledge-based economy. The EIB is an international financial institution, a publicly owned bank. Its owners are the Member States of the European Union, who subscribe to the Bank's capital - EUR 164 billion. As shareholders the Member States are represented on the Bank's main independent decision-making bodies - the Board of Governors and the Board of Directors. Since the year 2000 the Bank itself became a member of the EIB Group (including its venture capital arm - the European Investment Fund). The total subscribed capital of the Bank as of end-2007 was EUR 164 billion, of which EUR 8.2 were actually paid-in. Because on average EIB extends around EUR 50 billion per year in the form of various loan products, the Bank uses its AAA credit rating and funds itself by raising equivalent amounts on the capital markets. For the fiscal year 2007, EIB approved around EUR 56.5 billion in various loan products of which EUR 48.7 billion were within the EU and EFTA member states with the remainder dispersed between "partner countries" (in accordance with the terms and conditions laid down in the various agreements linking the European Union to some 130 countries in South and Eastern Europe, the Mediterranean region, Africa, Asia, Latin America, the Caribbean and the Pacific).European Investment Bank and China has long-standing and very fruitful cooperation - the European Investment Bank currently has invested in China 2.45 billion U.S. dollars. Of that money is almost 120 million euros have been invested in restoring earthquake-affected areas in Sichuan province. The remaining amount was invested mainly in energy-saving technology and the construction of clean energy sources in different provinces of China. To the west of the Hainan Island, with supported by the European Investment Bank was being built wind farm, which was commissioned in October 2010.
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Сообщение HainanWel.com(e)! » 11 янв 2011, 17:29

01/08/2011 In infrastructure of Hainan Island in 2011 will invest 10.83 billion U.S. dollars

Today was declared a total planned public investment in engineering and traffic infrastructure of the Hainan Island in 2011, which is equivalent to 10.83 billion U.S. dollars. We emphasize, that this amount of public investment is in the engineering and traffic infrastructure, excluding investments in tourism infrastructure and without private investment in general.

Investing public funds in 2011 will take place within the framework of infrastructure development of Hainan Island to create the world's largest resort in 2020.
The program is based on the following basic principles:
- Co-financing of projects for modernization of the engineering and traffic infrastructure of Hainan Island with public funds and funds from corporate sources;
- Development of various forms of public-private partnerships in the Hainan Province, with the use of public funds in order to reduce investment risks;
- Open selection of projects for the construction of engineering and road infrastructure in Hainan Province.
To achieve these goals, in 2011 in Hainan Province, will solve the following problems:
- Construction of the engineering and road infrastructure in Hainan Province, necessary for the operation of tourist facilities.
- More effective management of engineering infrastructure in Hainan Province.
Total announced 163 projects of construction engineering and traffic infrastructure of Hainan Island in 2011. Among them are the largest:
- Construction of Western high-speed rail link;
-Construction of solar power;
-Build an airport in Boao.
-Construction of ring road junctions;
- Expansion of the roads in the Sanya City.
All of these projects in one article to consider the impossible, but consider the project of the expansion the most congested roads in the Sanya City. In 2010, in order to improve the road infrastructure of Sanya City, was developed a list of 5 most congested streets, to be increased in 2011-2013. Extension of streets in 2011 will be held in a complex, which will allow almost 2-fold increase in throughput, improve quality landscaping, lighting, design, public transport and will allow for the construction of pedestrian crossings with incomplete closure of the movement. In addition, the expansion of roadway will organize a movement of public transport on a separate dedicated lanes, which, according to the European experience, is the most efficient form of organization of the movement. In 2010, already holds the expansion of one of the parts of the central street of Sanya City.
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Re: Foreign investment in Hainan Province and investment for the development of international tourism

Сообщение HainanWel.com(e)! » 04 фев 2011, 22:13

01/31/2011 The largest financial-industrial group China Everbright invests in Hainan U.S. $ 540 million

Signed an agreement with the largest financial-industrial group of China - the China Everbright Limited will invest U.S. $ 540 million in the development of new communication and information systems and technologies in the Hainan Province. It is planned to finance the development of information technologies in the following areas: 1.organizational structure of National Tourist Office; 2.tourism opportunities for implementation in the future; 3.assistance for travel and hotel services; 4.tourism development; 5.tourism market; 6.promoting of tourism; 7.cultural tourism.

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Сообщение HainanWel.com(e)! » 09 май 2011, 15:19

In the infrastructure of Haitang Bay in Sanya, Hainan Province, China will invest 200 billion yuan
Monday, 09 May 2011

Representatives of the Sanya municipality announced, that in infrastructure of Haitang Bay in Sanya City will invest 200 billion yuan to 2020. These funds will be used to finance of 102 resort infrastructure projects, the most important we have previously reported on our website and forum. Estimating the amount of such investments, we can say, that Haitang Bay in Sanya City will have the most developed resort infrastructure not only in Hainan Province, but in China.

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