Shanghai Zhongzhou
International has recently purchased the "Shanghai Island"
created in Dubai's world map islands. The Chinese company and
NAKHEEL COMPANY of Dubai signed the agreement. The project is
China's fourth large investment in Dubai. It's also the second
biggest purchasing event following the procurement of a TV station
in Dubai in 2007, according to Asia Business TV.
An "S" shaped river will be
designed for "Shanghai Island", imitating the authentic
Huangpu River in Shanghai, China. Water
transportation and a network of helicopters will be set up as well on the
island. By the end of this year preparatory project work will be
finished. Construction will begin in the first half of next year.
Shanghai Zhongzhou International estimates it will need two years
to finish the project. Specific planning charts of "Shanghai
Island" will be unveiled on the 16th of this month.
Architects are also going to
design several big bridges for "Shanghai Island" that will
follow the styles of famous bridges on the Huangpu River, in order to fully display the
unique combination of the East and the West in Shanghai. Ethnic
landscapes and business sights representing Shanghai culture will
also be planned along both sides of the river. "The
subsidiary of Shanghai Zhongzhou
International in Dubai estimates an investment of more than 1
billion yuan for the project," Mr. Huang, assistant
president of Shanghai Zhongzhou
International, said.
For more details, pleas
read the full story in Chinese (
http://paper.people.com.cn/rmrbhwb/html/2007-10/15/content_25008646.htm).
(China.org.cn, by Yang Xi,
October 15, 2007)
