Jan 12, 2012
A joint venture between Henderson Land Development, Taiwan's Far Glory Land Development and China's Shimao Group is planning real estate development projects worth RMB 40 billion in China this year in their first move to tap the market.
Straits Construction Investment Ltd. plans development projects in Fujian and Nanjing, each with a size of RMB 20 billion, an executive of Far Glory, which owns 30 percent of the tie-up, told a media briefing on Tuesday.
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