Auckland hails FuWah venture
By Wang Zhuoqiong | China Daily | Updated: 2016-03-17 08:46
City believes the Chinese company is the right partner for high-end hotel development
The $200 million investment by Beijing-based property developer Fu Wah International Group in the five-star Park Hyatt Auckland serves as a strong signal that Chinese investors have growing interest in global hotel property market, industry experts said.
It is one of the largest foreign investments in New Zealand's tourism infrastructure.
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