Item Size & Content:
Introduce realty developers and foreign capital to pull down old & dangerous houses on a large scale, for newly building residences, merchandise wholesale markets and other facilities. The total relocating area is 151thousand sq.ms.
Construction Conditions & Market Prospect:
Facing the Yangtze River dock and close to the railway station, Shangyao commercial zone has convenient water & land transportations. It’s the origin of Huangshi commerce. More than fifty years before, it has already become the business center in Huangshi city, with crowded merchants and flourishing businesses. Till the 80’s of last century, the biggest general wholesale market of southeast Hubei Province has been established here, thus forming the pillar & distributing center of commodity and material between Huangshi and its neighboring areas. So it has been called the “Hanzheng Street” of Huangshi.
Because of its long development history, this area has become an old city zone in Huangshi with shabby houses and confined streets, which have seriously hindered the wholesale market’s trade and its development. Therefore, the municipal government has decided to transform the large-scale shabby zone and has made out relevant favorable policies. The total building area for development is programmed to be about 289thousand sq.ms with total relocating area 151thousand sq.ms. The constructed items are: large-scale wholesale market, economical residence, good-sized supermarket, green square and so on.
Economic Evaluation :
Shangyao Commercial Zone has superior geographic location and developed commodity economy. Developing realty here will be followed with house’s huge appreciation, marvelous sales and stable return.
Investment & Its Compositions :
Total investment is expected to be 40million USD.
Cooperation Form:
Exclusive investment
Brief of Item Owner :
The project is administrated by Shangyao Commerical Zone Management Committee, Huangshi City
Contact
Unit: Investment Promotion Section , Huangshi Municipal Bureau of Investment Promotion
Person to contact: Wu Chaoyang; Zheng Fen
Tel: 0086-714-6359875
Fax: 0086-714-6368386
E-mail: hbhstz@sina.com
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