Orlando gets a Chinese Chamber of Commerce

TRD MIAMI /
Sep.September 12, 2015 02:00 PM

The new Chinese Chamber of Commerce for Central Florida recently held its inaugural event in Orlando, attracting a crowd of about 150, including elected officials, developers, real estate agents and business executives.

One of the guests was Miami developer Joshua Wallack, who is planning to build a rollercoaster-based project on International Drive in Orlando, called Skyplex, and needs to raise approximately $300 million to fund it.

Among other possible Chinese investments in Central Florida, the Kissimmee area needs widespread hotel redevelopment, said Osceola County Commissioner Michael Harford.

The federal government’s EB-5 immigrant investor program can provide 10-year visas to Chinese nationals who travel to the Orlando area or elsewhere in the United States to do business, but there are alternatives to the EB-5 program.

For example, Chinese nationals and other foreign residents can obtain a tourism visa to travel frequently to the United States for shorter stays, said Benjamin Chang, an employee of the U.S. Consulate office in Beijing.

The leader of the Chinese Chamber of Commerce for Central Florida is Andrew Jeng, a Chinese language teacher in Kissimmee who also owns a computer recycling business. [Orlando Sentinel]

— Mike Seemuth


Related Articles

arrow_forward_ios
South Florida firms buy Orlando retail center amid “fear of the death of brick-and-mortar retail”

South Florida firms buy Orlando retail center amid “fear of the death of brick-and-mortar retail”

State agency approves bond issue to finance Virgin Trains expansion to Orlando

State agency approves bond issue to finance Virgin Trains expansion to Orlando

Fuddruckers franchisee sues Dezer firm to prevent redevelopment of Orlando mall

Fuddruckers franchisee sues Dezer firm to prevent redevelopment of Orlando mall

Home-value estimator Zillow expands service that puts money where its mouth is

Home-value estimator Zillow expands service that puts money where its mouth is

Miami-based firm sells Springhill Suites hotel near Orlando for $11.65M

Miami-based firm sells Springhill Suites hotel near Orlando for $11.65M

Private equity firm in South Florida starts marketing condo near Orlando

Private equity firm in South Florida starts marketing condo near Orlando

Pre-construction sales of vacation homes launched at Margaritaville Resort Orlando

Pre-construction sales of vacation homes launched at Margaritaville Resort Orlando

Art Falcone

Encore launches vacation-oriented condo development at Orlando resort

arrow_forward_ios