From Iceland — Most Icelanders Favour Land Sale

Most Icelanders Favour Land Sale

Published September 9, 2011

Most Icelanders support letting Chinese businessman Huang Nubo purchase the land he seeks in Iceland.
Huang Nubo, director of the company Zhongkun, is willing to pay 1 billion ISK for land in Grímsstaðir á Fjöllum. The land has been for sale for some time now, and Nubo would like to build a luxury hotel on the location.
However, suspicion about the man and his company has arisen, from the Icelandic blogosphere to the Ministry of the Interior.
According to the results of a poll conducted by Fréttablaðið and Stöð 2, 59.1% said they were either very supportive or rather supportive of selling Nubo the land. 22.7% said they had no opinion, and 18.2% were either very opposed or rather opposed.
The results also noted that about 25% of Leftist-Greens voters approved of the sale, far behind other parties, while Social Democrat voters led the pack, at 65.6% in favour.
The government is still in the process of examining Nubo’s proposal, and are as yet still undecided on whether or not to sell the land.

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