Xinhua News Agency

Shenyang targets foreign investors

PUBLISHED : Wednesday, 18 September, 1996, 12:00am
UPDATED : Wednesday, 18 September, 1996, 12:00am

The Shenyang Beizhan Trading and Banking Development Zone has plans for 60 high-rise buildings.

The buildings would have a combined floor area of 32.3 million square feet and would be built over 10 years, Xinhua (the New China News Agency) said.

Three 107,640 square foot plots are set for lease to attract overseas and Chinese investors to the zone. Located close to the Shenyang Beizhan, the 12 million sq ft zone combine commerce, trade, banking, information, tourism, catering and leisure.

It has spent 2.2 billion yuan (about HK$2.04 billion) on building projects and infrastructure.