Aqua city in Caiyuan Street

(chinadaily.com.cn)

Project name: Aqua city in Caiyuan Street

Project address: Caiyuan Street of Tai’an City

Ways of cooperation: Cooperation

Total investment: 2.4 billion yuan ($379.38 million)

Introduction: As a major project of Tai’an, it covers an area of 300,000 square meters for commerce, food and drink, entertainment, hotels and other commercial service infrastructures.

Construction conditions: Formalities of land use planning and utilization have been finished and ready for construction.

Economic benefits analysis: After the project goes into operation, it could generate 4 billion yuan in revenues, and profits and taxes of 400 million yuan.

Cooperation unit Shanghai Pengxin (Group) Co Ltd is a private enterprise group, which focuses on real estate developing and mining industry. It owns scores of branch companies. Its asset size is beyond a hundred million yuan. It has more than 4,000 employees. Its projects include Platinum Bay, Pujiang Intelligence Valley that had spread over 3 million sq m.

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