2. Sichuan Guodong Construction pumps investments into Sheffield
Deal size: 1 billion pounds (8.8 billion yuan)
Date announced: July 21
China's Sichuan Guodong Construction Company is to invest over 1 billion pounds over the next 60 years in the northern English city of Sheffield, marking the biggest-ever Chinese investment into the UK outside London.
The initial investment will be 220 million pounds over the next three years, with projects expected to include a major hotel development, student accommodations, retail and leisure space.
The city council officially announced the deal following the return of its council leader from a visit to Chengdu, Sheffield's sister city.
 |
|
Meadow Hall, a department store in Central Sheffield is seen in the photo. [Photo/VCG] |
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
