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Ambassador Wang Lutong attends the groundbreaking ceremony for the Park Hyatt Auckland
2016/03/24
On March 9, the groundbreaking ceremony for the Park Hyatt Auckland was held at Auckland's Wynyard Quarter. Over 100 people attended the ceremony including New Zealand Prime Minister John Key, China's Ambassador to New Zealand Wang Lutong, Auckland Mayor Len Brown, Chinese Consul General in Auckland Xu Erwen and Fu Wah International Group founder Chen Lihua.
In his speech, Prime Minister John Key welcomed Fu Wah's investment in Auckland's infrastructure. Prime Minister Key noted that the New Zealand tourism industry was growing rapidly with a 35% increase of Chinese tourists in 2015. China had become New Zealand's second largest tourism market. Chinese investment in the New Zealand tourism and infrastructure sectors was increasing, which would further develop the New Zealand tourism industry and the economy.
Ambassador Wang Lutong noted in his speech that New Zealand had world leading tourism resources, and hotel construction was a major driving force for tourism and economic development. Chinese enterprises had the willingness and ability to further drive New Zealand tourism and infrastructure construction efforts. Ambassador Wang hoped that Fu Wah International Group would join efforts with New Zealand to complete the Park Hyatt project at any early date to contribute to the New Zealand tourism industry and to further advance economic and trade relations between China and New Zealand.
Headquartered in Beijing, Fu Wah International Group will invest NZ$200 million in the Park Hyatt Auckland project. The hotel is expected to open in the first half of 2018. The Park Hyatt development is one of the largest Chinese funded infrastructure investment projects in New Zealand.
 
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