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Tianjin Port to raise HK$2.4b
Tianjin Port Development Holdings Ltd said yesterday it will raise a net HK$2.4 billion placing 986.5 million shares at HK$2.50 each.
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Tianjin's largest shopping center coming in 2011
2009-11-11

Tianjin's largest shopping center coming in 2011
Virtual image of Tianjin Joy City
Tianjin Joy City, expected to be the municipality's largest shopping center, is scheduled to be completed by 2011.

Wang Jun, general manager of Tianjin Joy City, said the 530,000-square meter development is designed to be a super compound consisting of a one-stop 250,000 –square meter shopping center, office buildings, apartments and luxury housing.

The project, launched in Jan 2009, is developed by COFCO Property Co, the company behind Xidan Joy City and Chaoyang Joy City in Beijing.

Wang said total investment of the project will exceed four billion yuan and create over 10, 000 local jobs, adding Tianjin Joy City will introduce more international brands to the municipality.

Currently the city has signed agreements with Thailand's Central Group, Spain's Zara, and Japan's MUJI and JUSCO.

By Guo Changdong

 
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TIANJIN City of Glamour
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