Wang Jianlin, the second richest man in China and chairman of Dalian Wanda Group, has recently been revealed to be interested in investing in the Canberra Convention Center. According to a person familiar with the matter, Wang Jianlin is aggressively entering the Australian real estate market and plans to spend A$16 billion to "enclose" Australia.
"Canberra Times" reported on the 22nd that the Minister of Tourism and Events of the Capital Territory, Andrew Barr, said that the government of the Capital Territory welcomes all potential investors with open arms. Australian Trade Minister Andrew Robb revealed that he met with Wang Jianlin in China at the beginning of this year. "Wang Jianlin told me at the time that he did not expect that he was in such an important position in the field of Australian tourism infrastructure."
Just a few months later, Wang Jianlin, who was worth as much as 270 billion Australian dollars, met with Rob in the headland again. Rob's office stated that Wang Jianlin "showed a strong desire to invest in Canberra's tourism infrastructure in his conversation." However, Rob's office did not disclose Wang Jianlin's investment projects in Italy. But according to people familiar with the matter, Wang Jianlin is likely to have targeted the Canberra Convention Center.
In fact, Wang Jianlin, who owns more than a dozen five-star hotel projects, has a say in building a conference center. In September last year, he invited famous Hollywood actress Catherine Zeta-Jones and others to appear in Qingdao, Shandong, as the platform for the Wanda Film and Television Cultural Tourism City project with an investment of up to 9 billion Australian dollars.
According to the British "Daily Mail" report, Dalian Wanda Group previously announced the establishment of Wanda Australia, and plans to invest 9.71 million Australian dollars to build a seaside resort on the Gold Coast. Real estate experts said this transaction may usher in a new era for Chinese real estate investment in Australia.
According to the Canberra Times, Wang Jianlin has invested A$1 million in the 2.9km waterfront area of Surfers Paradise in Queensland and is preparing to build a three-building integrated resort called The Jewelry Three Towers. Jewel), and the project has been approved by relevant institutions in Queensland.
Rob also pointed out that a major obstacle for Canberra to become a tourist destination is "underdeveloped transportation", and the only challenge behind this is insufficient funding. At the same time, the Australian tourism industry is targeting the high-end market with the aim of attracting more middle-class people. This urgently needs the upgrading and transformation of supporting facilities such as hotels. By 2020, Australia needs to build 80 new hotels. "And all of this needs the help of investors, including the rich in China."
Impressions of Sydney