50 more golf courses on the way
( 2003-09-11 12:47) (China Daily)
More than 50 golf courses
will be constructed over a three-year period in Shanghai and surrounding areas,
Shanghai Morning Post learned at the first Shanghai International Golf Expo.
Insiders said the exhibition is the first step towards upgrading the golf
industry in Shanghai and the Yangtze River Delta.
Construction of a golf course demands massive investment, with the average
course costing at least 300 million yuan (US$36.25) and involving expenses
including real estate, landscaping and constructing facilities such as the
clubhouse and changing rooms.
According to the paper, sites for the courses have already been chosen and
construction has even begun in some cases.
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