Sanya Headquarters Port Phase I project to be capped in July

Phase I of the Sanya Headquarters Port project, the first commercial real estate project independently developed by Sanya Tourism and Culture Investment Group, is expected to cap its main structure in July, local media outlets reported on Feb 21.

The project is one road away from the Hainan Tourism Duty Free Shopping Complex. It is a provincial key project, with a total construction area of about 220,000 square meters.

It will be constructed in two phases. The first phase of the project will focus on the headquarters office, which encompasses three 17-storey office buildings, 3-storey commercial podiums, and a 2-storey basement area.

It is expected that the main structure of the Phase I project will be completely capped in July this year and be ready for use by the end of 2024. To date, the project's sales volume has exceeded 400 million yuan ($58 million).

Wu Junlin, deputy head of Sanya Tourism and Culture Investment Group, said that the project's total investment is 2.5 billion yuan, and 1.7 billion yuan has been invested in fixed assets since the beginning of construction.

He added that to overcome the impact of the pandemic in 2022, the project took unconventional measures to complete the annual investment task with 416 million yuan. This year, it is planned to complete the fixed asset investment of 450 million yuan.

Sanya Headquarters Port Phase I project. [Photo/Sanya Daily]