Phase II of Times Development Axis

(chinadaily.com.cn)

Project name: Phase II of Times Development Axis

Project address: Between Wangyue East Road and West Road, south of Qili River.

Ways of cooperation: Cooperation

Total investment: 1.2 billion yuan ($189.65 million)

Introduction: The project would occupy an area of 5.8 hectares with a building area of 100,000 square meters. It will be a commercial complex, composed of business, entertainment and cultural plaza.

Construction conditions: Formalities of land use planning and utilization has been finished, and other formalities are being dealt with.

Economic benefits analysis: After the project goes into operation, it can generate 1.5 billion yuan in revenues, and profits and taxes of 150 million yuan.

Cooperation unit: Anhui Chuzhou Investment Development Co. Ltd. commits itself to develop high-grade office buildings, business hotels, business apartments and commercial residential buildings. The company has completed the commercial complex in Chuzhou of Anhui Province, Wuxi and Changzhou of Jiangsu.

Contact information:

Contact unit: Tai’an City Urban Construction Investment and Financing Management Center

Person to contact: Wang Qi

Tel: 0086-538-3097729

E-mail: cjtrzzx@163.com