Chinese investor Huang Nubo, who has applied to lease the piece of land Grímsstaðir á Fjöllum in Northeast Iceland, is demanding a decision on his application before May.Huang Nubo. Source: Wikipedia.
Huang told China Daily that he has not received a clear answer from the Icelandic government and will no longer be interested in the project if he does not receive one within the next few weeks, mbl.is reports.
The New York Times recently featured an article about Nubo’s plans, stating that Iceland was “baffled” by the investors business plan to build a golf course on what is described as remote and barren land.
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