1. Location

Southern Changshan Island in Changdao county

2. Project developer

Changdao Tourism Development Incorp was established in 2010, with 50 million yuan in registered capital and 150 million yuan in total capital . There are totally 320 employees in the company. The company is one of the 50 key enterprises in the service industry.

In 2013, the company's total operation revenue was 74 million yuan. Its business includes tourism resources development and management, tourism information consultation, reception, tourism commodities development and sales.

3. Project content and construction scale

The project will cover a coastal area of 1,360 mu (90.7 hectares) on the west coast of Southern Changshan Island. It plans to build a comprehensive tourism and entertainment district that integrates leisure vacations, catering, shopping, cultural entertainment and tourism business.

4. Project construction

The project is built on a new marine reclamation area. It faces the sea to the west, and is next to Changdao Port and the tourist service center.

At present, about 407-mu land demolition and arrangement have been completed, and about 950-mu reclaimed marine land is under construction. A total of 1,360-mu development area will be formed.

5. Total investment and sources of funds

The total investment of the project is $870 million.

6. Market and economic benefits prediction

In 2012, the plan to develop Changdao Leisure and Vacation Island was waiting to be approved by the Shandong government.

The island positioned itself as a leisure resort. The west coast tourism and leisure zone is one of the key construction projects in the plan. It will become the main gathering place for the leisure vacation industry and tourists.

After the project is completed and goes into operation, operation revenue can reach 1.2 billion yuan, with 770 million yuan in profit. Capital pay-off time is about six years.

7. Contact

Contact address: No 464, Changyuan Road, Changdao county

Contact person: Wang Zuowen

Postal code: 265800

Contact number: +86-535-3218055

Email: cdly3099789@163.com