Technology Innovation Financial Town and Technology Innovation Park Settle down in Shantou New East Coastal Area
On December 23, Mingyuan Group and Taisheng Technology Co., Ltd. successfully acquired two business-and-service land parcels respectively with a bid of RMB 579.5 million and RMB 1.0185 billion in F Cluster in Xinjin Sub-area of New East Coastal Area of Shantou Overseas Chinese Economic and Cultural Cooperation Pilot Area, which marks that the two high-end financial industry projects that were introduced into Shantou this year have officially settled down in New East Coastal Area.
The land parcels transferred this time are located in the financial innovation zone in New East Coastal Area. Among others, the land parcel acquired by Mingyuan Group will be used for building the International Technology Innovation Financial Town with the planned investment of about RMB 5 billion and a total floor area of about 500,000 square meters. The group will focus on building a super high-rise landmark tower of 250 meters in height (the Financial Center) and simultaneously start the construction of technology innovation center, five-star hotel, and high-end commercial supporting facilities, etc. The land parcel acquired by Taisheng Technology Co., Ltd. will be used for building the Technology Innovation Park with the planned investment of about RMB 10 billion and a total floor area of about 680,000 square meters, The group will focus on building a new international technology park integrating research and development, office, exhibition, trade, logistics, information exchange, venture capital, high-end business, and integrated services.
Source:Shantou Daily, Dec 24, 2016