Investment in Guiwan area reaches 5.5 billion yuan

Source :Tan Yifan, Liao Zhenni

By the end of June, the investment in Guiwan Financial Pilot Area reached 5.5 billion yuan. One avenue across the area will open to traffic by the end of the year, according to the construction department of Qianhai Shekou Pilot Free Trade Zone.

Setting Singapore as a model of urban development, the city planners are devoted to incorporating local elements into global trends. The systematic urban design in architecture, public transit, green space and industry landscape is expected to echo the themes of future and South China, said Tian Fu, head of the free trade zone

As one of the major urban projects in Qianhai, the area is where industry and the city collaborate, investment and resources concentrate, and the opening-up process of China’s modern service industry speeds up.

Linking Qianwan to Guiwan, Menghai Avenue and No.7 sight-seeing bridge will be accessible in a few months. Along with greenspace, city infrastructure and transit system have basically completed, composing a brand-new urban landscape. The surrounding areas of Liyumen subway station have been well regulated.

Besides, Yihai Avenue will be put to use, aimed to manage traffic flows between Qianhai and Guiwan.

By the end of June, construction had made progress. For instance, residents have moved into the No.10 area of Qianhai Times Square, and Guiwan Road 5 west part is open to traffic. In line with the goal of building a lively and livable city, Qianhai Development and Investment Holdings Company is dedicated to improving public space in Qianhai, such as tree coverage and transportation facilities.

After adopting a central cooling system in Qianhai, the planners located the first cooling station in Guiwan. Covering a construction area of around 1.3 square kilometers, the station has been operated since this April.

Qianhai’s developers have bet 70 billion yuan on this 1.1-square-kilometer area. While 58 billion yuan was invested in seven land projects covering a floorage of 3.42 square kilometers, 33 infrastructural projects received a total investment of about 12 billion.

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2016-07-15 19:15:00