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Citic Group Spends RMB1 Billion To Build Huizhou Resort
The Citic Shenzhen (Group) Company plans to invest RMB1 billion to build a high-end resort area combining leisure, meeting, hotspring, and residence facilities in the Tangquan area of Huizhou within 3 years.
The resort project includes a top hotel, an international meeting center, international apartments, concourse, business street, and residence area. The group aims at building it into a domestic hotspring resort and international leisure residence through blending the local historical culture of Tangquan.
The Citic Shenzhen (Group) Company, a wholly owed subsidiary company of Citic Group, has been developing in Huizhou for 7 years and has invested a total of RMB2 billion for project development.
Huizhou is located in the southeast of Guangdong and in the northeast area of the Pearl River Delta, near Shenzhen and Hong Kong.
Source: China Hospitality News
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