Fenghuang County People’s Government and Taiwan Jiabao Group held a signing ceremony on January 16 for the “framework agreement on Fenghuang international commerce and tourism park project”.
Covering a planning area of over 300 mu (about 20 hectares), the project strives to forge a comprehensive international commerce and tourism park, integrating commercial logistics of hotel supplies and metal building materials specialized markets, tourism performance, sightseeing factory, children amusement and commercial street. With a total investment of about 1 billion yuan, the park is expected to be completed within five years.
The construction of the park will facilitate integration and upgrading of scattered trade of Fenghuang County at present, playing an active role in enriching tourism functions, strengthening attractiveness of the county and prolonging stay time of tourists. In addition, it will further enhance economic and cultural exchange between the two sides across the Taiwan Straits, and achieve mutualbenefits.