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Business center to help build up Jinqiao
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A 700 million yuan (US$115 million) business center, developed by the Pudong Software Industry Park, will open in Shanghai’s Pudong New Area next year, the park operator said yesterday.
The 110,000-square-meter Huizhi Life Center will incorporate hotel, office, a park, shopping mall, convention and apartment, or HOPSCA. The integration of these segments is expected to boost the development of the Jinqiao area, where the park is located, and better serve about 40,000 people working in the park.
It’s the first time a local high-tech industry park has expanded into the business property market, the park operator said.
By the end of 2012, companies operating in the park generated a revenue of 45.9 billion yuan. Their exports were worth US$630 million.
The park houses 539 multinational corporations.
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