The Business Times
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Chinese firm to invest in UK housing projects

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Published Wed, Sep 23, 2015 · 09:50 PM

London

A CHINESE firm plans to provide investment to launch three housing projects in northern England, Britain's finance ministry said on Wednesday as finance minister George Osborne toured China to boost business ties.

Hualing Industry and Trade Group, based in China's Xinjiang region, intends to invest £60 million (S$130.4 million) to kick off the three projects in Manchester, Leeds and Sheffield, which will have a final gross value of £1.2 billion.

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