Home 禄 Business 禄 Real Estate
Billionaire must reapply for Iceland deal
Source: Agencies |
December 3, 2012, Monday
|
Print Edition
Print Edition
A CHINESE billionaire who wants to build a major tourist resort in a remote corner of northeast Iceland must reapply for permission to go ahead with the project, Icelandic media have reported.
Cabinet ministers, led by Industry Minister Steingrimur Sigfusson, said they were unable to make a final decision on Huang Nubo's application as much information remained unavailable, state radio RUV reported.
Huang has already agreed with municipalities in the area to lease 70 percent of a 300-square-kilometer farm, where he plans to build a golf course, hotel and outdoor recreation area.
State radio said Huang's Iceland-registered firm Zhongkun Grimsstadir had in mid-November asked for more time to supply further information, and that it could take a few more months.
In a letter to architect Halldor Johannsson, Huang's Icelandic representative, the government said Huang should submit a new application which would be reviewed by a government committee.
Huang, who is chairman of Beijing-based Zhongkun Investment Group and was 161st on the Forbes list of the richest Chinese in 2010, plans to reapply as soon as he has gathered the information needed, RUV reported.
Iceland is recovering from its worst-ever financial crisis after the complete collapse of its top banks in 2008, and it is keen to lure foreign investment.
Cabinet ministers, led by Industry Minister Steingrimur Sigfusson, said they were unable to make a final decision on Huang Nubo's application as much information remained unavailable, state radio RUV reported.
Huang has already agreed with municipalities in the area to lease 70 percent of a 300-square-kilometer farm, where he plans to build a golf course, hotel and outdoor recreation area.
State radio said Huang's Iceland-registered firm Zhongkun Grimsstadir had in mid-November asked for more time to supply further information, and that it could take a few more months.
In a letter to architect Halldor Johannsson, Huang's Icelandic representative, the government said Huang should submit a new application which would be reviewed by a government committee.
Huang, who is chairman of Beijing-based Zhongkun Investment Group and was 161st on the Forbes list of the richest Chinese in 2010, plans to reapply as soon as he has gathered the information needed, RUV reported.
Iceland is recovering from its worst-ever financial crisis after the complete collapse of its top banks in 2008, and it is keen to lure foreign investment.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
