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December 15, 2017

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Home » City specials » Hangzhou

Investment injection boost

A groundbreaking ceremony involving 22 construction projects was held in Qianjiang New Town, in Jianggan District, with an injection of 48.3 billion yuan (US$7.3 billion) being invested.

One of the highlights is the construction of Hangzhou International Center. Spanning an area of 410,000 square meters, the twin-tower building is expected to be completed in 2022. It will also be the tallest building at the northern embankment of the Qianjiang River, overtaking the 258-meter-high Zhejiang Fortune Financial Center and the 250-meter-high Raffles City shopping center which was opened in April.

The project will be developed by the state-owned Luneng Group. And its architectural design is based on the concept of sail and bamboo.

There are also social welfare and infrastructures projects such as a new public parking area, due to be finished in 2019, at the foot of Gaoting Hill. It will include 700 parking slots for people mainly coming for tomb sweeping in the area.

Twenty-five other projects were approved in Jianggan District, covering industries from intelligent manufacturing, healthcare, financial services to information economics. Among them is Amazon’s Global Selling’s first city-level branch office.

The Zhejiang Yangtze Delta Army-Civilian Integrated Industrial Park also announced its inauguration at the ceremony. It is the first such industrial park in Hangzhou and is jointly set up by the Yangtze Delta Region Institute of Tsinghua University, Zhejiang and the Jianggan District government.




 

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