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Greenland to invest $4 billion in Nanchang

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Staff writer ▼ | August 19, 2014
Greenland Group, one of the largest property developers in China, kicked off its airport industrial town project in Nanchang, Jiangxi province.
Property developer   Airport industrial town project
The investment is part of the Shanghai-based property developer's efforts to take advantage of the urbanization opportunities. With a floor area of 5.65 million square meters, the overall investment of the airport industrial town will reach 26 billion yuan ($4.1 billion).

Besides the project in Nanchang, Greenland is also working on similar airport industrial projects in Inner Mongolia and Hainan and will start new projects in Yunan, Shandong and Heilongjiang provinces.