Zhou Dafu Bid For Australian Casino Project

< p > according to the agreement, Zhou Dafu enterprise and far east development will provide 25% of the funds needed for the development of the comprehensive holiday village, and will be responsible for the housing and other related parts of the Queen s Wharf Brisbane project.

Echo will provide 50% of the funds needed for the development of the comprehensive holiday village, and will be a gambling operator in the resort based on the long-term gambling operators agreement.

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< p > > according to Reuters report, "a href=" http://sjfzxm.com/news/index_c.asp "Hongkong rich merchant /a" Zheng Yutong's Zhou Dafu business and real estate developer Far East Development said on Monday that the two companies signed a memorandum of understanding with Echo Entertainment Group to form a new joint venture for the Queensland Brisbane entertainment city and comprehensive holiday village development project, and prepare detailed proposals.

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< p > according to the press release, the three party intends to set up a consortium called "Destination Brisbane Consortium", and jointly formulate and submit Queen's s Wharf Brisbane project proposal.

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< p > "the newly established consortium relies on the strong balance sheet of shareholders to effectively provide sufficient funds for the project."

The statement said that the three party's experience in managing gambling, hotel operations, parking lots, residential development, retail and tourism can provide a comprehensive solution for holiday village development projects.

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< p > according to the agreement, Zhou Dafu enterprise and far east development will provide 25% of the funds needed for the development of the comprehensive holiday village, and will be responsible for the housing and other related parts of the Queen s Wharf Brisbane project.

Echo will provide 50% of the funds needed for the development of the comprehensive holiday village, and will be a gambling operator in the resort based on the long-term gambling operators agreement.

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< p > > Queensland a href= "http://sjfzxm.com/news/index_s.asp" > government < /a > has announced the list of three competing cards, including Far East Development / Chow Tai Fook enterprises, China real estate developers Greenland Group, crown group and Echo.

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< p > Zhou Dafu enterprise is a Invest-holding Company based in Hongkong. Its business covers real estate, hotel, consumer and retail businesses. Its listed companies include new world development. The company has a large VIP customer base in China and Asia, creating opportunities for Destination Brisbane consortium.

The Zheng Yutong family is also the controlling shareholder of Zhou Dafu jewelry, the world's largest jewelry retailer.

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< p > the Far East Development controlled by the Hongkong businessman Qiu Degen family is good at operating international hotel business. Its business is concentrated in all parts of Asia. Since 1994, it has been extensively involved in the real estate development business in Australia, and has a senior management team in Melbourne.

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< p > Echo is a famous comprehensive Holiday Village operator. Its managed Holiday Village includes The Treasury Casino & Hotel located in Brisbane, Jupiters Hotel & Casino located in Gold Coast, and the "a" and "Sydney" in the a href=.

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