CCA International, a Hongkong-based private club developer and operator, has signed four management contracts to develop properties in China, Thailand and Indonesia. Despite the mushrooming of resorts, golf courses and private clubs in the region, CCA managing director Kenneth Creighton believes demand for such facilities will continue to expand as Asians become more affluent. ''As disposable income grows in this region, demand for such facilities will grow,'' said Mr Creighton. He said the market was moving forward, but had a long way to go before reaching saturation point. ''Each club has a limited membership and there will always be business for the best-managed properties,'' he said. In China, the company signed a 30-year management contract to plan and operate the Sand River Golf Club in Shenzhen. The 27-hole golf club, among the largest in Shenzhen, will feature a club house as well as lodge rooms. It is scheduled to open in early 1995. The property, estimated to cost more than HK$470 million, is owned by a Hongkong group led by Mr Serge Pun. ''The golf course has the closest access to the border crossing,'' Mr Creighton said. He said the golf market was growing in China, with a number of similar developments being built or about to be launched. The property will be aimed at the Hongkong and local Shenzhen markets. In Indonesia, CCA will develop Tering Bay in North Batam Island into an exclusive resort complex including an 18-hole golf course, a driving range, two hotels and other facilities. The golf course is scheduled for completion early next year, with the total cost of the development estimated at HK$470 million. ''This development will be aimed primarily at the Singapore market. Batam is approximately a 20-minute boat ride away from Singapore,'' he said. In Thailand, CCA will develop and operate two properties, the Capitol Club in central Bangkok and Pattanakarn Country Club in the suburbs of the city. Both management contracts are for a period of 25 years. The two properties are majority owned by the President Park group. ''Both properties are real-estate driven projects. The clubs are being built to draw families into the complex,'' he said. The Capitol Club, a 6,000 square metres sports and recreation complex with food and beverage facilities, is scheduled for opening in October this year. The club is part of a luxury condominium development with an estimated cost in excess of HK$965 million. The Pattanakarn Country Club is part of a 10-year development which, when fully completed, will be a self-contained town comprising an international school, hospital, commercial centre and a number of clubs and recreational facilities catering to 40,000 upper middle-class residents. Total development costs are estimated to be in the range of HK$1.5 billion.