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OCT will invest 5 billion yuan to build Zhuhai Phoenix Valley ecological leisure tourism area project

Date: 2020-03-07

The Zhuhai Overseas Chinese Town Phoenix Valley Ecological Leisure Tourism Zone Project will build a city-central mountain comprehensive tourism resort integrating humanities and history education, mountain sports exploration, unpowered parks, urban public services, and fashion business, with a total investment of 5 billion yuan.

On March 5, the official website of the Guangdong Development and Reform Commission released the "Notice of Guangdong Province's 2020 Key Construction Project Plan" (hereinafter referred to as the "Notice").

The "Notice" shows that Guangdong Province will arrange a total of 1,230 provincial key projects in 2020, with a total investment of 5.9 trillion yuan and an annual planned investment of 700 billion yuan. It will arrange 868 preparatory projects for key provincial pre-construction projects, with an estimated total investment of 3.4. Trillion yuan.

Among them, the Zhuhai Overseas Chinese Town Phoenix Valley Ecological Leisure Tourism Area Project will build a city-central mountain comprehensive tourism resort that integrates human kinetic history education, mountain sports exploration, unpowered parks, urban public services, fashion business, and family entertainment and leisure. The total investment has reached 5 billion yuan.

According to Zhuhai local media reports, in the "Zhuhai 2020 Land Supply Plan", one land supply corresponds to the above-mentioned OCT project. The parcel is located on the north side of Sandaishi Road and the east side of Tourism Road in Shangchong District, Xiangzhou District. The planned function is that S1 plot is for tourism and supporting facilities (including amusement facilities, tourist reception centers and hotels, etc.), business, commerce, S2, Site S3 is a tourism transportation hub with parcel area of 1.355 million square meters and plot ratio ≤ 0.55.

Viewpoint Real Estate New Media learned that previously on December 18, 2017, OCT Group and Zhuhai Jiuzhou Holding Group held a strategic cooperation framework agreement signing ceremony in Shenzhen. Both parties will deepen cultural tourism, characteristic towns, etc. in Zhuhai and other regions Cooperation.

The two parties will build a strategic partnership, accelerate the exploration of cultural tourism + real estate resource integration in Zhuhai and other regions, and gradually carry out planning, consulting, planning and design, investment construction, and operation management to jointly build a comprehensive tourism destination.