$ 1 Billion To Develop Virgin Islands

2014-09-10

foreign investment institutions join forces to jointly invest in the Western Pacific island nations - Micronesia Federated(http://www.wantinews.com/).  

Wealth Index Group initially plans to invest $ 1 billion in Pohnpei State and Qiu grams construction of new green tropical island tourist resort center, the project includes hotels, restaurants, shopping, golf, gambling and all kinds of water entertainment.  

As the lead person of the entire project, the chairman of the wealth index group Huangshan Federated States of Micronesia full of longing, he said, increasing pollution on the planet, the Pure Land fewer With increasing environmental pollution worsen the continent, people on the environment Requirements expectations increased, the value of ecological islands increasingly evident. climax Federated States of Micronesia has a lot of natural resources and human resources, the development of the tourism market has great potential.  
First, in terms of geographic conditions, the FSM and not far away from the East Asian market, after China opened charter flights or direct flights, the flight time is 5 hours with island tours advantage, and secondly, in the traditional tourism products gradually saturated the island today, a natural The emergence of ecological pollution virgin land, to inject new vitality into the market, the novelty will be the biggest attraction, once again, the ruins of World War II submarine landscape is also rich combination of the resources for tourism product development provides unlimited possibilities.  

Federated States of Micronesia Ambassador Aquilino Su Saiya, also expressed welcome Chinese investment capital went to the desire 'to close the federal government will come to invest in businesses and green channels, tax policy will also be there is relief now, doing business in the FSM Chinese businessmen have a good income, I hope more Chinese enterprises to invest. '  

However, compared with developed the popular island in Micronesia in infrastructure, indeed, some gaps.      

Huangshan analysis: 'First, whether Pohnpei or Chuuk, tourist reception facilities are relatively backward, the total number of two states is not more than 510 rooms (calculated according to the number of rooms per hotel 30, the amount of daily tourists not more than 1020 people, and the second, a single tourism activities, mainly in diving and surfing, leisure facilities, entertainment facilities, the lack of tax-free shopping, and the third, the tourism market of low visibility, single source region, mainly in the United States, Japan and South Korea '  

Therefore, Chinese enterprises to invest Micronesia, need to have a 'from scratch' mentality, but also because it is still a virgin land, a huge room for growth.  
Participants investors also analyzed, Chinese businessmen in the Bahamas, Costa Rica, Jeju Island, Saipan, Malaysia, St. Kitts and other islands developed some successful investment cases, the wealth index and the Federated States of Micronesia to reach investment cooperation, not only for the surge in outbound market provides a new hot spot, but also for the domestic capital looking for overseas investment has opened up new markets.  
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