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GuocoLand keen to grow presence in China

It has identified Greater Shanghai and Chongqing as areas for growth; it expects China and Singapore to contribute equally to the bottom line in the medium to long term

Nisha Ramchandani
Published Wed, Sep 25, 2019 · 09:50 PM

Singapore

GUOCOLAND is keen to deepen its presence in its core market China, singling out Greater Shanghai and Chongqing as areas for potential growth.

In Greater China, provinces such as Jiangsu and Zhejiang could offer opportunities for the developer to grow its footprint, group managing director of GuocoLand China, Hoon Teck Ming, told The Business Times.

Meanwhile, he reckons there is scope for opportunities - particularly in the resid…

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