CAPITALAND celebrates 15 years of doing business in China with a pledge to build another six CapitaLand Hope Schools in China, bringing the total to 15. The new schools are located in Inner Mongolia, Zhejiang Province and Guangdong Province. They form the CapitaLand Hope Schools project to provide improved schooling and living facilities for children in China’s rural areas. In addition, CapitaLand has pledged a conservation donation to support the 10-year collaborative programme for the Giant Panda population in China.
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| FINE FURRY FRIENDS Chief corporate officer, Jennie Chua with Mr Liew; CapLand is also supporting the 10-year collaborative programme for the Giant Panda |
Liew Mun Leong, president and CEO of CapitaLand Group, said: ‘Over the last 15 years, CapitaLand has actively participated in China’s urbanisation.
‘Today, we have an extensive presence with a portfolio worth over $20 billion (on a when-completed basis) comprising about 100 projects spanning 40 cities across China. This conservation donation is yet another testament of CapitaLand’s long-term commitment to China.’
It also launched a ‘15 Years in China’ exhibition at Raffles City Shopping Centre showcasing the group’s achievements in China. The exhibition includes videos and archived photographs of its projects across the country as well as models of Raffles City Beijing and Raffles City Chengdu. CapitaLand will soon have a total of five ‘Raffles Citys’ in China in addition to 50 shopping malls. It also employs about 5,000 people in China, 97 per cent of whom are local Chinese. The exhibition was opened to the public from yesterday evening and will run till 10pm on Monday.
Source : Business Times – 14 Nov 2009
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