Greenland to invest $4b in Nanchang

Updated: 2014-08-18 16:43

By Hu Yuanyuan(chinadaily.com.cn)

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Greenland Group, one of the country's largest property developers, on Saturday kicked off its airport industrial town project in Nanchang, Jiangxi province.

The investment is part of the Shanghai-based property developer's efforts to take advantage of the urbanization opportunities. With a floor area of 5.65 million square meters, the overall investment of the airport industrial town will reach 26 billion yuan ($4.1 billion).

Besides the project in Nanchang, Greenland is also working on similar airport industrial projects in Inner Mongolia and Hainan and will start new projects in Yunan, Shandong and Heilongjiang provinces.

Greenland to invest $4b in Nanchang Greenland to invest $4b in Nanchang
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