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Canada Pavilion to go under gavel again
By Yang Jian |
January 7, 2011, Friday
|
Online Edition
Online Edition
CANADA will auction its World Expo 2010 pavilion for the second time on January 23 as the company who won the bid failed to pay the 130 million yuan (US$19.61 million) price in time, an official with the pavilion said today.
The starting price for the second auction through JinMaJia.com, a Chinese online auction platform, is 20 million yuan, same as the previous auction. The price covers the building and its interior decoration.
The kitchen, furniture and appliances in the pavilion will also be under the hammer for 780,000 yuan.
The pavilion was sold for 130 million yuan in its first auction last November. The online platform declined to tell the name of the company that failed to pay the sum in time.
The pavilion owner said they set a low starting price to let more people have a chance to buy the pavilion.
The 6,000-square-meter pavilion, among the largest foreign pavilions at the Expo, has more than 1,100 tons of steel that can be recycled. The scrap steel alone can fetch more than 3 million yuan.
The pavilion's interior was designed by Canada's world-famous circus, Cirque Du Soleil, which made the pavilion one of the most popular venues at the World Expo. Visitors had to wait for several hours to enter.
The Switzerland Pavilion and its 6,000 solar lights on the exterior were sold for 7.02 million yuan through the same website in November. A company in Zhejiang Province won the bid and plans to rebuild the pavilion by the Qiandao Lake, a tourist attraction in the province.
The starting price for the second auction through JinMaJia.com, a Chinese online auction platform, is 20 million yuan, same as the previous auction. The price covers the building and its interior decoration.
The kitchen, furniture and appliances in the pavilion will also be under the hammer for 780,000 yuan.
The pavilion was sold for 130 million yuan in its first auction last November. The online platform declined to tell the name of the company that failed to pay the sum in time.
The pavilion owner said they set a low starting price to let more people have a chance to buy the pavilion.
The 6,000-square-meter pavilion, among the largest foreign pavilions at the Expo, has more than 1,100 tons of steel that can be recycled. The scrap steel alone can fetch more than 3 million yuan.
The pavilion's interior was designed by Canada's world-famous circus, Cirque Du Soleil, which made the pavilion one of the most popular venues at the World Expo. Visitors had to wait for several hours to enter.
The Switzerland Pavilion and its 6,000 solar lights on the exterior were sold for 7.02 million yuan through the same website in November. A company in Zhejiang Province won the bid and plans to rebuild the pavilion by the Qiandao Lake, a tourist attraction in the province.
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