On March 15, Spring 2011 Investment Attraction was held in Hong Kong on which Liwan District government introduced 33 projects including the popular Bai'e'tan Economic Circle, regeneration of Enning Lu and Guangzhou-Foshan Creative Park.
During the investment attraction meeting, Tang Hanghao, Chief Executive of Liwan District government, said that the plan of building the world's tallest sightseeing ferries wheel in Bai'e'tan was canceled. Many citizens and experts had objected to the plan as the ferries wheel may not go with the overall view of Shamian. In view of this the city planning department once decided to move it to Pazhou. But after the Guangzhou Tower was set up, the ferries wheel finally found its home at the top of this "tallest tower in Guangzhou".
Tang also said that Bai'e'tan has a plot ratio of 1.2, the lowest among all economic circles in Guangzhou. It is decided that Diamond Mansion, Guangzhou's tallest commercial building of about 600 meters, will be built in Bai'e'tan. This new landmark building will be planned by the municipal department and subject to slight adjustment in height.
Among the 33 projects introduced in Hong Kong, there are 7 regeneration projects involving an area of 64280 m2. Accepting suggestions from the experts of culture and city planning, Liwan government will strengthen the protection of featured buildings, which means another 10000 m2 of buildings around Enning Lu will be preserved including over 100 former residences of famous Canton Opera artists. Residents can preserve and inherit the unique Xiguan culture.
(Translated by Guangzhou Association of Foreign Affairs Translators)
