Fosun Group planning $1.7bn Sanya Atlantis resort for Hainan

Sanya Atlantis: China’s  Fosun Group  conglomerate is planning to invest almost $17bn in a massive marine  tourist project in  Sanya in the southern province of Hainan ,  according to a report posted on yesterday. The 530,000m² Sanya Atlantis  will feature an aquarium populated with 60,000 fish and other marine life and 16 themed restaurant. The project is expected to open next year and to have an annual business turnover of around $600m.
In recent years, Fosun has bought the Lloyds of London building and  Milan’s historic Palazzo Broggi and has  also invested in  British tour operator Thomas Cook Group, France’s  Club Med, and Canada’s Cirque du Soleil.

Source: chinadaily