Expand the culture plate, Riyadh sign 2 billion text brigade taking fusion project

Riyadh yesterday afternoon announcement, August 9, 2016, the company and Wushan County of Chongqing City People's government signed the "text brigade taking innovation and integration project cooperation agreement" in Wushan County, Chongqing City, the two sides will participate in regional cooperation in investment and construction of Wushan county's text brigade project in Wushan County as early as the integration and innovation of tourism town Jiang Yang, the project total investment of 2 billion yuan.

Announcements, the construction site of the project for the Chongqing City, Longmen, Wushan Street office Longjiang Village (Jiangdong group control regulations C04-12, C04-13 land between the mouth and the mouth), the planning of the project about 2000 acres of land. According to the construction plan, the two sides will complete the related work of project identification and project preparation stage before September 30, 2016; before the period of June 30, 2017 to October 1, 2017, the completion of the main project; try to achieve the operation of the project.

The report said that the construction of the contents of the project include Wushan relying on the rich historical and cultural and natural tourism resources, through the integration of culture and technology innovation concept, culture + tourism, culture + business, build a powerful demonstration and significance of international cultural tourism landmark for the development of Wushan tourism industry and the upgrading of the city. The project contains an original event tourism performing 4 city theme show, a large city space, light show and the interaction around the cultural experience, health care consumption, parent-child education, entertainment and other innovative experience industry clusters, with a perfect integration of new cultural experience of public space, cultural space, tourism space, commercial space the way and consumer formats. Under the agreement, the two sides intend to cooperate in the construction of these projects in accordance with the PPP model.

Chongqing City, Wushan County People's government said, in order to further promote the 13th Five-Year Wushan County of Chongqing city during the cultural tourism of the depth of integration, through the innovation of city space and industry combination, industrial property through public and cultural tourism, cultural leading innovation driven restructuring and industrial upgrading, to plan investment cooperation Wushan County brigade business integration and innovation project.

Lyad said, the content of cooperation agreement, reflects the strategic position of the company "with the government to build a happy city", will help the company to carry out cultural construction of the tourism industry, will help the company expand the scale of business culture plate, is conducive to enhancing the city's cultural tourism influence. At the same time, the project content of cooperation will involve the cultural tourism planning, cultural entertainment, lighting engineering, LED display, VR/AR experience and other aspects of the building needs, participate in the construction of the project will be common in the project implementation process of each member in the group between Riyadh, give full play to the group members of the company's business cooperation. The performance of the cooperation agreement will have a positive impact on the company's future operating results.

In addition, Riyadh also said that the cooperation agreement in a total investment of 2 billion yuan for a total investment of Wushan County People's Government of Chongqing city construction company, participate in the investment and service amount has not been determined, and the project implementation period is longer, the performance of the cooperation of the company in 2016 and subsequent annual operating results will have a positive the effect, but the performance affecting the amount of uncertainty.

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