Tuesday, February 8, 2011

Taiyuan 5.0 billion of state-owned assets management company Ten new renovation projects

 This year, the Group will increase capital Taiyuan May listed the introduction of Eurasia Group, the investment of 10 billion transformation of Labour building. This is from yesterday held the city in 2011 the state-owned asset management companies

This year, the city of the state-owned asset management company will integrate resources, vigorously corporate restructuring projects, the relocation of transformation, expansion, modern services, logistics, warehousing, shantytowns, and other five areas, concentrating on 10 projects, namely: Shanxi Electric Manufacturing Co., Ltd. moved to West Vancouver as a whole village, construction of special motor manufacturing park; Taiyuan Aluminum Company to existing production lines moved to Yangqu county building aluminum processing zones; Extension No. 2 pit coal mine south valley, so as to reach 120 million tons capacity, 5 years to 10 billion yuan output value; Taiyuan Radio renovation and expansion of a plant site, construction of integrated building; Taiyuan, the introduction of May Day Group, listed companies to increase their investment Eurasia Group, the investment of 10 billion transformation of Labour building, re-establish the Co. department store building in the Logistics Park racetrack; Taiyuan home security industry to transform the residential area for workers; Taiyuan Green Jiayuan Co. to build a regional commercial center. Investment of more than 5.0 billion project will be completed. It is understood that over the years, the company will invest up to one year to complete. (Reporter Zhang Yan)

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