Guangxi Tourism to Expand

On Dec.30, 2009, the establishing ceremony for both Guangxi Tourist Investment Group Co., Ltd (CTIGC) and Guangxi Urban Investment Group Co., Ltd (GUIGC) was held in Nanning. When they are set up, both companies will be the mainstays of the investment, financing and the state-owned property administration related to the tourism and urban construction of Guangxi.

CTIGC will be mainly engaged in the investment and financing of the autonomous regional tourist projects, the property and share investment and management, the business of handling the property, share and some other affairs. It will develop Beihai Guanglin Project, an international tourist area of Guangxi, the tourist development bases in Qinzhou, Fangchenggang, Nanning and Guilin. And GUIGC will undertake the operation for Guangxi State-owned property, the capital administration and related business.