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Tuesday, October 11, 2011

china Partners in Crime

Moratoriums be damned: A Singapore-based construction company has secured government approval to build an upscale “eco-tourism” resort in central China.

The resort’s name, at least for now, is a long, dull mouthful: CCM Group International Eco-Tourism Holiday & Leisure Resort.

CCM Group plans to build it on 1,750 acres in Dianjiang County, outside the city of Chongqing (former transliteration: Chungking). The first phase of the project will consist of an 18-hole golf course and a clubhouse. Later, CCM Group plans to add hotels, meeting space, a polo club, and a theme park.

CCM Group, a publicly traded firm, is a holding company whose subsidiaries are mostly involved in commercial and residential projects. It’s led by Joseph Liew (a.k.a. Sen Keong Liew), who’s earned engineering degrees from two English-speaking colleges in Australia.

The company plans to build its resort in four phases over the next three to five years. Golf construction may currently be outlawed in the People’s Republic, but the company has found a willing co-conspirator in Dianjiang County, which has agreed to install the resort’s infrastructure.

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