Facts "TEDA Investment Holding and Tianjin's Tanggu District Government sign a framework agreement on jointly working on a seaside resort. This arrangement signalizes that TEDA Investment Holding is making substantial progresses in the development of Binhai New Area according to plan, and that a solid foundation has been laid for shaping the seaside resort."

(teda.gov.cn)TEDA Investment Holding and Tianjin's Tanggu District Government sign a framework agreement on jointly working on a seaside resort. This arrangement signalizes that TEDA Investment Holding is making substantial progresses in the development of Binhai New Area according to plan, and that a solid foundation has been laid for shaping the seaside resort.

The resort has a total planned area of 150 square kilometers, equally split for the land section and the water section, each of which covers an area of 75 square kilometers. According to plan, the resort will become a theme park and an entertainment center bordering on the Bohai Sea and targeted at the tourist industry of the east and north of Asia.