Confirmation of real estate development
projects
of Hangzhou International Information Park


Mr. Liu Qun, executive vice president of Beijing International
Information Park, signed Agreement of Cooperative Development with
Xiao Shan Economic Development Zone on the Opening Ceremony of Hangzhou
Xiao Shan Industrial Park held on September 17th.
The land for joint development is 60,000km2 in area
located within the Xiao Shan Jiang Dong Industrial Park, east of
planned Qian Jiang Jiu Qiao, close to the south bank of Qiang Tang
River.
The development pattern adopted is integrated planning
and development by phase. The first phase development is 3000mu
in area, and the total investment as budgeted would be 1.5 billion
RMB. Hangzhou International Information Park will take information
industry as the primary development goal. The Park is planed to
be divided into Industrial District and R&D Center.