China’s private investment leading push into the Pacific..

Rainbow City is little more than a swathe of grassland on an island in the Pacific, but it has an apparently grand future.

Key points:

  • Rainbow City is being marketed to foreigners as a “Little Singapore” in Vanuatu
  • The project covering more than 86 hectares will dwarf nearby villages and resorts
  • Locals say they have been kept in the dark about the development

The grass is slowly being replaced with roads, the soil forming the base for apartments, villas and shopping centres.

This patch of paradise on Efate, the island that is home to Vanuatu’s capital, will eventually become a mini city for foreigners.

Over the next 10 years, the buildings over 86 hectares of open land will come to dwarf the surrounding villages, private homes and small resorts that neighbour it.

Supported by private, Chinese-backed investment, it is the biggest residential development in Vanuatu.

https://www.abc.net.au/news/2019-10-24/rainbow-city-vanuatu-chinese-investment-pacific/11626020

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