Infrastructure

Over 90% of Mainland visitors said they will return to Hong Kong again within the next 12 months, with a 4% growth in planned spending for the next trip.

The opening of all three major infrastructure projects will play an immense role in tapping the province's full tourism potential and create new opportunities for international trade and economic cooperation.

Hong Kong conglomerate to build 3.77 million-square-foot, mixed-use complex, highlighting commerce and "experience-based entertainment", for residents and international visitors.

This will be ZHA’s first major project in the Indian sub-continent.

Projects scheduled to start construction in the next 12 months are at 393 Projects/78,881 Rooms, up 21%, while projects in early planning at 396 Projects/72,118 Rooms, up 3% YOY.

The Asia Pacific region reported 271,915 rooms in 1,189 projects In Construction for the month. Based on number of rooms, that is a 4.3% increase in year-over-year comparisons.

Besides highways, Guizhou is planning to complete construction of 17 airports, 600 km of inland waterways, and 4,000 km of high-speed rail lines in three years, turning the area into a strategic transport junction in southwest China.

Among the region’s key markets, Shanghai, China, reported the largest number of rooms In Construction with 9,177 rooms in 36 hotels.

Acting Premier of Victoria James Merlino joined Plenary Group Chairman John O’Rourke and MCEC Chief Executive Peter King to announce the start of the more than $300 million project that includes an expansion of MCEC, a new 331-room hotel and multi-storey car park.

The new terminal will enhance handling capacity and service offerings at Seletar Airport.