Chinese Company to Finance Health Village in Iceland Skip to content

Chinese Company to Finance Health Village in Iceland

Chinese company Smart Cities International Limited will reportedly participate in the financing and construction of a ISK 5 billion (USD 41 million, EUR 32 million) health village in Flúðir, West Iceland, which company Flúðir Spa is planning to build.

fludir_pkThe town of Flúðir. Photo by Páll Kjartansson.

Chairman of Flúðir Spa Árni Gunnarsson expects the Chinese to arrive in the country soon to begin negotiations, reports.

According to Árni, between 130 and 140 permanent positions will be created locally as a result of the development.

Smart Cities International Limited is reportedly one of the leading Chinese contractors in environmentally sustainable projects. The company works in close cooperation with the Chinese government and employs around 8,000 people.

The health village will be marketed in China. The number of Chinese tourists visiting Iceland has doubled to 7,000 since last year.


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