China Tourism Group Co., Ltd. (CTG) , a joint venture founded by three North American hi-tech businesses, will make an investment worth nearly 10 billion to develop a tourist area featuring sports culture in Jintang County of Chengdu, capital of southwestern China's Sichuan Province, newssc.org reported.

This was revealed during the launching of the ITU Chengdu (Jintang) Triathlon World Cup 2017 on November 26.

The event, which is slated to kick off on May 6, 2017, will attract 1,300 professional triathletes to Jintang.

The city has so far hosted three Triathlon events.