China Aerospace Theme Park to Start in Hainan
CAIHF | Quote | Chart | News | PowerRating -- China Aerospace International Holdings Ltd. (CASIL and SEHK: 0031), a listed arm of China Aerospace Science and Technology Corporation (CASC), yesterday showed the design scheme for a launching site supporting project to the provincial government of Hainan, south China.
The aerospace theme park, based on the aerospace launching site in Wenchang, a city in the province, will soon break earth. It will become the first of its kind nationwide.
The project, to cover a total area of about 407 hectares, will be composed of the aerospace theme park zone, the space plant zone, and the residential zone. It is predicted to absorb a total investment of CNY 16 billion.
In particular, the aerospace theme park zone will contain four parts, separately for the earth, the sun, the moon, and the Mars. Its functions will include the amusement, the launching site show, and the actual launching show.
The CASIL President Zhao Liqiang predicted that the theme park would serve 2 million tourists at least a year, and that more than 150,000 ones would be present at each actual launching show.
Source: www.cnstock.com (November 24, 2009)
For full details on (CAIHF) CAIHF. (CAIHF) has Short Term PowerRatings at TradingMarkets. Details on (CAIHF) Short Term PowerRatings is available at This Link.
- China Aerospace International to raise $74.81 million from Burhill Company - 02/05/10
- China Aerospace International to raise $74.81 million through private placement - 02/05/10
- More News >>
