Evergrande plans 3 billion yuan tourism investment in Chongqing
CHONGQING: Evergrande Real Estate Group (SEHK: 3333), the mainland's third-largest developer, is to beef up its Chongqing presence with a three billion yuan (HK$3.41 billion) tourism investment.
Liao Jianing, a director at Evergrande Real Estate Chongqing, said the firm had acquired a development site in Huayan, Jiulongpo district, for 900 million yuan last month.