国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

NBA team courts Chinese investors for new arena

By Zheng Xin (China Daily) Updated: 2015-11-23 07:41

NBA team courts Chinese investors for new arena

An artist's impression of the Golden 1 Center mixed-development project in California. It will open in October 2016. [Photo/nba.com]

Sacramento Kings, a key California-based franchise in the US National Basketball Association's professional league, is courting Chinese investors for its Golden 1 Center mixed development plan.

The project will have a new basketball arena, luxury retail, hospitality and residences. It will open in October 2016.

"This is the first time that an area combined with surrounding mixed-use development has been offered as a prime EB-5 investment opportunity," said Ginny Fang, CEO of Golden Gate Global.

The EB-5 program, under the US Citizenship and Immigration Service, grants a foreign investor a US visa for making a $1 million investment that creates at least 10 new and permanent jobs for Americans.

The arena project is being jointly built by Sacramento Kings and JMA Ventures, said Todd Chapman, president and CEO of JMA.

The project has strong financial metrics and also allows investors to contribute to the effort to build a new home for an NBA basketball team and contribute to the development in the city of Sacramento, said Fang.

Investments under the EB-5?plan are allowed up to 15 percent of the total project. The US government finances to the tune of more than $200 million. So, Chinese investors can rest assured about the stability and security of the project, she said.

Chapman said the mayor of Sacramento is a former NBA basketball player, which should reinforce the city's commitment to the project.

Although the EB-5 opportunity is open to the world, residents from China now account for more than 80 percent of such visas issued, compared with just 13 percent a decade ago. So, promotions for EB-5 visas are mainly held in Chinese cities such as Beijing, Shanghai, Shenyang and Dalian, she said.

"The (potential for) job creation in this project is tremendous and will assist EB-5 investors to achieve their goals of granting access to educational and career opportunities for their families," Chapman said.

Hot Topics

Editor's Picks
...
锡林浩特市| 普格县| 澄江县| 安多县| 八宿县| 蒙城县| 探索| 文山县| 蚌埠市| 若羌县| 玉林市| 绥棱县| 会泽县| 突泉县| 田阳县| 棋牌| 乐业县| 河东区| 淮滨县| 宾川县| 长岭县| 湖南省| 湟中县| 锡林浩特市| 民勤县| 绥芬河市| 沈丘县| 建水县| 赞皇县| 甘南县| 遂溪县| 拉萨市| 鹿泉市| 通榆县| 勃利县| 玉山县| 罗定市| 攀枝花市| 德令哈市| 汾西县| 枣强县|