REGIONAL> Development
800 foreign businessmen favor Luoshi Bay Trade City
By Li Yingqing and Guo Anfe (China Daily Yunnan Bureau)
Updated: 2009-06-16 14:29

KUNMING: More than 800 foreign and overseas Chinese business people have showed great interest in the Luoshi Bay International Trade Center.

The center's owner Luoshi Bay International Trade City is the only top-tier sponsor of the 17th Kunming Trade Fair. The theme of this year's fair is "An Industry City of Kunming, the Trade Center of the World." It is reported that more than 40,000 companies have registered by the end of the May.

As one of Kunming's key investment projects in 2008, the Luoshi Bay International Trade Center has been listed as a major project of Yunnan Province. The project was invested by Zhejiang Investment Group and built by Yunnan Zhonghao Real Estate.

The project with a total investment of 35 billion yuan is planned to cover a total construction area of 10,000,000 square meters. The first phase of the project covers 1,200,000 square meters and will be finished on November 11.

Xue Jingen, vice-president of Yunnan Zhonghao Real Estate Co Ltd said the Luoshi Bay International Trade City would run a promotion campaign in Southeast Asian countries in July.