Dahua inks $291.5m of investment at CAEXPO

Dahua Yao autonomous county in Hechi signed two projects attracting a total investment of 2 billion yuan ($291.5 million) at the Investment Promotion Conference & Special Signing Ceremony of Hechi City held in Nanning, capital of Guangxi Zhuang autonomous region on Sept 13 during the China-ASEAN Expo.

As a key livelihood project, Dahua Wanshang International Business City was invested by Hong Kong Wanshang International Group with an estimated 800 million yuan. Settled on Dahua Gujiang Avenue, it is expected to cover an area of 150 mu (10 hectares) with two phases of construction. After its completion, the project will integrate existing resources to promote development of local industries.

Invested by Taiwan China Youth Development Association, the other project is a distinctive resort town located near Nadu Mountain with a total area of 16,000 mu. Relying on the beautiful ecological environment and abundant health preserving resources, it plans to set up a health recovery center and comprehensive base for eco-agriculture and leisure tourism with cross-Straits characteristics to promote economic and cultural exchanges and cooperation.