17 Apr '11, 9pm

Keppel begins work on Tianjin project

SINGAPORE - Mainboard-listed Keppel Corporation broke ground for its mixed-use development Seasons City project located in the Sino-Singapore Tianjin Eco-City yesterday. Its wholly-owned subsidiary, Keppel Integrated Engineering Limited (KIE), also signed a joint venture to pursue the building, owning and operation of a water reclamation plant in the area, with a total investment value of 300 million yuan (S$57 million). Senior Minister Goh Chok Tong attended the ground-breaking ceremony in Tianjin, and also witnessed the signing of the joint venture by KIE with Tianjin Eco-City Investment and Development Co Ltd (TECID). "Seasons City is also the first commercial development to roll out under Keppel Land China and we are looking into opportunities in other cities as well to build up our commercial portfolio," said Mr Ang Wee Gee, executive vice-chairman of Keppel Land Chin...

Full article: http://www.todayonline.com/Business/EDC110418-0000313/Kep...

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