China developer makes first overseas foray in Malaysia August 06, 2013 Latest Update: August 06, 2013 04:57 pmCountry Garden, one of China’s largest property developers, has chosen Malaysia as the first stop in its global expansion plan, with a mixed-use waterfront estate currently under construction in Iskandar, which is popular with Singaporeans.Its RM18 billion (S$7 billion) Danga Bay project, scheduled for launch on Sunday, is set to mirror the company’s success in developing suburban projects in Chinese cities.“Country Garden’s strategy has always been to develop mixed-use suburban projects that are well connected to a city centre,” the group’s general manager for Strategic Development Luo Jingrong said in Guangzhou.- See more at: themalaysianinsider/mobile/business/article/china-developer-makes-first-overseas-foray-in-malaysia#sthash.b8qB18SX.dpuf
Posted on: Tue, 06 Aug 2013 10:14:10 +0000
Trending Topics
Recently Viewed Topics
© 2015