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Chinese firm to develop business park in London

By Zhang Chunyan in London | China Daily | Updated: 2013-05-31 08:12

London's third financial district, a business park aimed at Chinese and Asian companies, will be developed by a Chinese company in East London.

China's Advanced Business Park signed the 1 billion pound ($1.51 billion) deal with London Mayor Boris Johnson on Wednesday to develop a 14-hectare complex of offices and shops at the 130-year-old Royal Albert Dock, near London City Airport.

It's the largest commercial real estate project in Britain that Chinese companies have invested in so far.

Chinese firm to develop business park in London

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