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Tuesday, May 11, 2010

Sunway project in China’s Xuan Cheng

SUNWAY Holdings Bhd has signed a memorandum of understanding (MOU) with China’s Xuan Cheng Municipal Government to develop a two million sq m land into an integrated city in Xuan Cheng, 260km east of Shanghai.

The project will feature an international-standard entertainment park, an exhibition centre, hotels, shopping malls, offices and residential units on land owned by the Xuan Cheng Municipal Government.

Under the MOU, Sunway will be the master developer and will undertake a feasibility and market study on the proposed development.

By Business Times

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