CHINA - CapitaLand aims to bring integrated resort concepts to mainland China

Channelnewsasia.com, 16 January 2007

Having lost out twice on building the integrated resorts in Singapore, property developer CapitaLand is setting its sights on bringing integrated resort concepts to mainland China. And it says it may use ideas from its Singapore concepts in its Chinese proposal, albeit without the casino element which is not allowed in China. Still, the proposals will need the green light from Chinese authorities. CapitaLand says it's keen to grow its integrated leisure, entertainment and conventions business. It's looking at large scale projects in Indochina, China and India, but will not restrict its investments to projects with a gaming or casino component.

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