The Icelandic parliament is deciding whether to allow Chinese billionaire Huang Nubo to buy 158 square miles of land to build an “eco-resort” near Iceland’s remote聽Vatnajokull National Park. The deal would sell off and would make Nubo the biggest foreign landowner in Iceland. Huang has said that he wants to develope an airport, golf course, luxury hotel, and horse-riding facilities. In a press conference earlier this month, Huang said the purchase would create the 聽because the resort would sit between two national parks. Huang, a former government official, is listed by Forbes as the 129th richest man in China and has聽. Icelanders are concerned that the land would ultimately help . 鈥淚n talks with Icelandic authorities, (the Chinese) have made a point of saying it was very plausible鈥 that China would use its foothold in Iceland as a trans-Arctic shipping port, said Icelandic official Arni Thor Sigurdsson. The land Huang seeks is near the Vatnajokull Glacier, which covers eight percent of Iceland year round and is the largest glacier, by volume, in Europe.
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