Corporate News

Tan's Group invested more than 100 million dollars for its northern headquarters base in Beitang

Published:2010-11-19


At 5 pm November 16, 2010, Eton Properties Group and Beitang Economic Zone of Binhai New Area, Tianjin held a headquarters project signing ceremony in Tianjin Guest Hotel. Lucio C. Tan, the Board Chairman of Eton Properties Group, his wife, President Mr. Cheung Chi Ming, Executive Vice President Patrick Wong, Vice President Yang Xiaoping, He Lifeng, the Secretary of Tianjin Municipal Party Committee and the Secretary of Binhai New Area District Party Committee, Li Weicheng, a member of the Standing Committee and Secretary-General of Binhai New Area District Party Committee, Vice District Governor Yang Shihai and the leaders of Tianjin Overseas Chinese Affairs Office, related departments of the district and Beitang Economic Zone were present at the signing ceremony.

First of all, Secretary He Lifeng expressed welcome to the delegation led by Mr. Lucio C. Tan and congratulated the signing of the project. He said vigorous development of headquarters economy is a major and strategic move of Tianjin Municipal Party Committee and Municipal Government. Mr. Lucio C. Tan and its business team quickly determined the development plan of setting up a northern headquarters in Beitang Economic Zone and made material progress in a short time. This indicates their great confidence and support to the opening and development of Binhai New Area. He hopes Mr. Lucio C. Tan could further increase investment, broaden the fields of cooperation, give scope to his important role as a renowned overseas Chinese leader and promote more overseas Chinese organizations and entrepreneurs in Southeast Asia to make deeper and practical cooperation with Binhai New Area. The New Area will provide the best service and work together with enterprises for common prosperity.

  

 [Board Chairman Lucio C. Tan and his delegation visited the Beitang project in Tianjin]


 
Mr. Lucio C. Tan first thanked Tianjin and Binhai New Area for their generous support and help to this project cooperation. He said the good location advantage, convenient traffic condition and efficient administrative service of Binhai New Area create favorable conditions for Eton Properties Group to integrate corporate resources, reduce operating cost and expand domestic market. The Group will spare no effort in accelerating project construction and make contribution to Binhai New Area through sincere cooperation.



Zong Guoying, the Deputy Secretary of the District Party Committee and District Governor of Binhai New Area said in his speech that Beitang Economic Area is an important component of the "ten battles"of Binhai New Area and will be shaped into an important conference site and a cluster of enterprise headquarters in North China. Eton Properties Group enjoys high reputation in the trade. Setting up northern headquarters here reflects the foresight and sagacity of the Group. He hoped the Group seizes precious opportunities and take active part in the development and construction of Binhai New Area. The district will provide all-round "babysitter"service and support the enterprise to make great success in Binhai New Area.



Eton intends to develop the Beitang project signed this time into its northern headquarters. The registered capital of this project is not less than 100 million dollars. Moreover, Lucio C. Tan’s Group of Companies will gradually introduce its banking, aviation and other businesses and make investment in the tourism projects of Beitang. 



(Textual materials are from Binhai Times and edited and sorted by Eton Properties Group. Special thanks go to the photo provider: Mr. Zhang Xinyue from Binhai New Area Commission of Commerce and Beitang Investment Promotion Department)