HEADLINE NEWS

GUANGZHOU
Nansha IFF permanent venue commenced construction
The project is located at the estuary of the Pearl River in the Nansha district of Guangzhou city, right in the center of Guangdong-Hong Kong-Macao Greater Bay Area, the fourth largest bay area in the world. The International Finance Forum (IFF) permanent venue will comprise convention and exhibition centers, conference hall, banquet hall, press center, hotel facilities, etc

SHENZHEN
Transsion Tower -- building in 'Spirits of the Internet'
Public and featured spaces are integrated as modules within the building mass. Glass boxes hosting the three shared functional hubs are inserted into the tower to break up a plain building form. They interlock and juxtapose with other modules to create sheer contrasts between scales, void and solid, open and exclusive expressions. The design challenges the traditional top-down approach and explores possibility of future urban design that maximizes permeability and functional integration

HONG KONG
17 building plans approved in October including four commercial projects
The declared cost of new buildings completed in the month was $7.7 billion

Three residential sites will be sold by tender in the January-March quarter
The Anderson Road site is the largest of the three and can provide around 1,720 flats

Tai Hang residential site awarded to CITIC
Shun Tak Holdings acquires development projects in Shanghai

Four out of top five firms in GlobalData's leading 500 construction contractors list are from China
China-based contractors in the Global 500 Contractors list had executed contract values of US$327.4bn in 2019

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