Evergrande Center in Shanghai. The developer had eight parcels of land taken by the government in Haikou for the same reason last week. Photo: AFP
Evergrande Center in Shanghai. The developer had eight parcels of land taken by the government in Haikou for the same reason last week. Photo: AFP

Evergrande surrenders two land parcels to Chengdu’s government after letting them sit idle for a decade

  • Idle land ‘is objectively detrimental to local development’, says analyst
  • Construction on ​​259,000 square meter and 84,000 square meter plots should have started in 2010 and 2011, government notices say

Evergrande Center in Shanghai. The developer had eight parcels of land taken by the government in Haikou for the same reason last week. Photo: AFP
Evergrande Center in Shanghai. The developer had eight parcels of land taken by the government in Haikou for the same reason last week. Photo: AFP
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