GENEVA, SWITZERLAND – A Chinese real estate investor’s plans to build a luxury golf club in Iceland were turned down recently by the government there, which said Huang Nubo would own too large a percentage of the country’s land if he bought the Grímsstaðir á Fjöllum stretch in the northeast of the country.
Now the minister of the Industry, Energy and Tourism says she is in favour of leasing the land to him, since this would not fly in the face of ownership issues, and Huang Nubo says he is interested.
But the plans are causing concern over the water in Canada, where suspicions are being voiced that China is interested in the land because of the possibility of a polar water route some day.
Links to other sites: The Globe & Mail, Ice News
