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ROK firm to build $75m apartment project in Tianjin

(Xinhua)
Updated: 2010-11-12 19:30
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TIANJIN - Samsung C&T Corporation, a leading construction and trading company from the Republic of Korea, will invest 500 million yuan ($75 million) to build an apartment complex in the North China port city of Tianjin, its Chinese partner said Friday.

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Construction of more than 600 apartments will start in March, said Wu Caiwen, president of the Sino-Singapore Tianjin Eco-City Investment and Development Co, Ltd.

Apartment marketing is scheduled to begin by the end of 2011.

"We will provide clients with high-quality, environment-friendly and energy-efficient apartments," Wu said.