The Wanyou International Tourist Resort project officially started its construction in Nanning, Guangxi Zhuang autonomous region on March 29, marking the project's entry into a new stage of development.

The groundbreaking ceremony of Wanyou International Tourist Resort is held in Nanning, Guangxi Zhuang autonomous region on March 29. [Photo by Huang Ke/gxnews.com.cn]

Nanning Wanyou International Tourist Resort is a key cultural and tourism project of Guangxi, as well as a major landmark project in Nanning to fully implement the strategy of strengthening the region's capital city. The autonomous region and Nanning have attached great importance to project construction, promoting the resort as a landmark leading project in the cultural tourism industry and taking a set of measures in service guarantee.

Through the joint efforts of both parties, the project took only three months from the signing of the contract on Dec 31 last year to the official start of construction. In the future, the two sides will continue to strengthen communication, speed up the project's construction progress, and create it as a new benchmark for the tourism industry.

The total planned investment for the project is 50 billion yuan ($7.01 billion), of which the first-phase investment of the project is no less than 25 billion yuan. It will consist of six major scenic spots and other functional areas, such as hotels, cultural performance theaters, shopping malls, as well as cultural and creative exhibitions.

The construction of the project will be developed in two phases, of which the first phase is expected to complete construction within five years.