Hohhot, GPG sign investment deal

Hohhot, capital of Inner Mongolia autonomous region, signed a framework agreement on investment with Grand Property Group, a nationwide real estate investment group at a meeting on Oct 18.

Feng Yuzhen, acting mayor of Hohhot met with the delegation led by Zhao Wei, chairman of Grand Property Group and exchanged views on strengthening cooperation to achieve win-win situation.

Grand Property Group is experienced in development and construction, said Feng, extending his wishes to strengthen cooperation for common development.

Zhao Wei expressed his willingness to participate in the development of Hohhot. He expressed his company’s willingness to invest in the construction of high-end commercial complexes and will strive to build new landmarks in the city.

On behalf of Hohhot municipal government, Zhou Qiang, vice-mayor of Hohhot, signed the framework agreement with Grand Property Group.