Chinese Investor’s Rep Meets Industries Committee Skip to content

Chinese Investor’s Rep Meets Industries Committee

Halldór Jóhannsson, spokesperson for the Chinese investor Huang Nubo in Iceland, appeared before the Icelandic parliament Alþingi’s* Industries Committee yesterday, following the interest expressed by Minister of Industry Katrín Júlíusdóttir and other members of the Social Democrats in seeking other means for Huang to invest in Iceland after his acquisition of a piece of land in northeast Iceland was rejected.


The parliament. Photo by Páll Stefánsson.

Huang applied for legal exemption to acquire Grímsstaðir* á Fjöllum through his company Beijing Zhongkun Investment Group with plans of building a hotel there but Minister of the Interior Ögmundur Jónasson rejected his application, reports.

The committee’s chair, Kristján L. Möller, said Halldór confirmed the development plans Huang has in mind and stated that his company is still interested in carrying them through. “As I understood it, they are interested in seeking solutions to this case.”

When asked whether any specific solutions had been mentioned, Kristján responded, “There were no negotiations. That is for others to do. […] But extensive information was provided which was very useful.”

Kristján said Huang’s spokesperson also made remarks and expressed criticism regarding the handling of his application. “The Ministry of the Interior did not give them the option to meet with them, discuss the matter and seek solutions.”

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* The Icelandic letter þ is pronounced like th in thunder.

The Icelandic letter ð is pronounced like th in that.

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