Wanshan islands to see major investment from European firm

An archipelago to the east of Hong Kong and Macao has attracted the attention of a European real estate investment company planning to build a luxury resort project there.

The resort development project is called Crystal Waters on Wanshan islands, which belongs to Zhuhai. The total amount to be invested could range from $150 million to $200 million, Pantazis Therianos, chief executive of Euroterra Capital, told China Daily in Hong Kong.

"The breathtaking sea views and the improving infrastructure are the two major reasons why we have a bullish view on Wanshan, "Therianos said.