The transformation of Hengqin Island, Zhuhai into a major tourist destination is continuing to attract international investment.
Billed as the ‘Orlando of China’, the only attraction on Hengquin Island is currently Chimelong Ocean Kingdom.
However, that is all set to change with both Real Madrid and Porsche poised to tap into an audience eager for new experiences.
Both the Spanish football club and the automotive brand have signed agreements with Lai Fung Holdings to operate attractions in Novotown.
Galloping prices on Hengquin Island
Hengquin IslandThe 1.2 hectare indoor interactive soccer experience themed on Real Madrid is expected to open in 2021. The Porsche themed auto experience centre will feature interactive racing, exclusive sports car exhibits, specialty cuisine, and shopping.
Both will be hoping to replicate the success of Chimelong Ocean Kingdom. The attraction attracted 8.5 million visitors in 2016, a 13.2 per cent increase since it opened in 2014.
Zhuhai, Hengquin Island has seen property prices rocket. This is because it was one of 11 cities in the ‘Greater Bay Area’ identified by the Chinese government for further development. Measures have been taken in an effort to contain galloping prices which have doubled since 2014. The majority of buyers are from Macau.Click here to read the full article.