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Tongwei Group Enter Real Estate Industry in Forceful Manner

Tongwei Group Enter Real Estate Industry in Forceful Manner

Write: Neva [2011-05-20]


Pacific Commercial Walking Street Panorama

On August 8, the exploitation agreement named Liuzhou Pacific Commercial Walking Street is signed between Tongwei Group and People's Government of Yufeng Section of Liuzhou City of Guangxi Province in due form. Mr. He Daiyou, Manager General of Sichuan Tonly Construction Project Co., Ltd, and Mr. Naxiang, Warden of Yufeng Section of Liuzhou City, respectively sign the agreement in the name of two parties. Mr. Hu Rongzhu, Assistant to President of Tongwei Group, the primary leaders in Liuzhou City, etc, attend the signature ceremony. It stands for Tongwei Group formal entry real estate.
Who achieves the general exploration right ensues from the intense competition from real estate industry in Guangdong, Wenzhou, etc.. The would-be commercial street is located in the downtown of Liuzhou, the traditional business district---hence the geographic advantage. In the light of the project, the Commercial Street is 733 meters long in total, with 5 plazas and 3 rest areas. It covers the construction area of 100 thousand square meters. The total investment reaches 450 million RMB. It is one of the comparatively bigger commercial streets in current China.
The project for the street is mainly contracted and carried out by Sichuan Tonly Construction Project Co., Ltd under Tongwei Group and Tonggang Real Estate Co., Ltd.. The construction period will last 2 years.