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The Overseas Chinese Town Group (OCT), one of China's leading tourism enterprises, will be involvedin tourism development of the Three Gorges dam area.
OCT has signed an agreement with the Yangtze River Three GorgesCompany and Yichang city government, to establish a joint-venture company with 150 million yuan (19 million US dollars) in registered capital.
The new tourism company would provide quality services to tourists from home and abroad, as well as explore tourism resources in the Three Gorges dam area, said Zhang Zhengkui, senior official of OCT. The area would eventually become a first-class scenic area, combining natural and cultural beauty.
The Three Gorges had many advantages in terms of resources, location and transportation.
In recent years, as the construction of Three Gorges progressed,tourists increased rapidly.
(Xinhua News Agency January 13, 2003)
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