Bid to reintroduce Chinese horse racing/ Horse meat will be cheap again.?

April 5, 2010

Meydan Phoenix City to revolutionise

Chinese horse racing

29 March 2010 | By Eoin

Connolly

International Equine Group, in a joint venture with the Chinese

companies Tianjin Farm Group and Zhouji Jiye, has announced the development

hugely ambitious, 3.3 million square foot Meydan Phoenix City horse-racing

complex in China.

A 10-year, US$4 billion construction project, which already has

approval from the Chinese authorities, will transform farmland and space

currently used for small-scale equestrian activity in Tianjin municipality’s

Ninghe County into one of the most spectacular horse-racing venues in the

world. The development will include facilities to train 8,000 riders, breed

1,000 top-class studs, produce high-quality horse feed, hold auctions, and host

international and domestic professional races. It will be the home of education

programmes where the public can learn about the animals and the sport.

International Equine Group are the investment arm of Meydan

Group and TAK Design Consultants, the companies behind the construction of the

Meydan Racecourse, which had its grand opening last weekend in Dubai. The new

project provides the opportunity for the group to develop its international

presence in horse racing, and to consolidate the industry in China.

Teo Ah Khing, the managing director of TAK Design Consultants,

said: " Horse racing is a brand-new industry in China. They have little

dots all over the country of horse racing and breeding but no structure. "

The first phase of development - between 2011 and 2015 - will

consist of the construction of an international equestrian college,

horse-breeding base, feed plant and residential and commercial developments.

The second phase will run from 2016 to 2020, with the emphasis shifting on to

merging the track into the international horse racing circuit.

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