Aerial view of the construction site of the Haikou International Duty Free City project on the west coast of Haikou recently. (Photo: Hainan Daily)
As for the construction progress of the Haikou International Duty Free City project, the fifth foundation slab has been completed currently. The second and third foundation slabs have been officially started on July 30, entering the stage of waterproofing and curtaining.
The project covers a total area of 675 mu (about 45 hectares), with a total construction area of 926,000 square meters, and a planned investment of 12.86 billion yuan. As the "world's largest single duty-free commercial complex", the Haikou International Duty Free City will focus on duty-free retail, covering taxable retail, cultural and entertainment, business, catering and accommodation and other functions, to boost the building of Hainan International Tourism Consumption Center.