Weather Forecast

Regional News

Turned down in Iceland, Huang hops to Finland for his dream tourist project

Monday, 28 November 2011
For fear that the Chinese are trying to penetrate lucrative fish resources in Icelandic seas and that the Chinese might want to ‘spy’ into sensitive military installation in the region, the Iceland rejected the interest of the Chinese businessman, Huang Nubo who wanted to build a touristic resource there In the North of the country.

But he has not yet given up. He has turned to Finland as the next option for his project in the Finnish Lapland.
The businessman, Huang Nubo, told the Finnish news agency, YLE that he was still interested in establishing a holiday resort, but now in Finland.

“I will send a working group to Finland in February or March to clarify the conditions and legal requirements,” Huang told YLE after his plan to purchase 300 square kilometres of land in Northern Iceland was rejected by the Icelandic government.

“I have sent exhibitions to Finland, but I don’t yet know very much about the country. After my unpleasant experience in Iceland I want to know all the details before I make a decision.”
The Icelandic purchase Huang had to cancel would have given him a 300-square-kilometre swathe of land intended for use as a tourist resort, an area almost the size of the Finnish municipality of Espoo. Earlier in the autumn Huang had told YLE that he was interested in investing in holiday resorts in the Arctic Circle, possibly close to the ‘home village’ of Santa Claus.

“If I make the decision to invest, I want to buy the land as well,” said Huang. “After my experience in Iceland, a few hectares would be enough. But if the investment climate in Finland is as hostile as it is in Iceland, I will give up on the idea.”
News source: Yle Finland. By Scancomark.se Team


| Print Friendly and PDF| Write to the editor | Complaint about this article | Make a Comment |

Front Page | Market News |Companies News | Competitiveness | Regional

About Us | Contact Us | Terms and Conditions |Copyright Policy | Privacy Policy |About Cookies

Scandinavian Companies & Market Magazine 2010, Granscole Establishment Sweden AB. Registered in Sweden as a Media Company Organisation Number: 556782-6572

Back to top