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June 22, 2009

Boyuan Construction Group lands three major projects in Yangtze Delta

TORONTO

Boyuan Construction Group, Inc., a Canadian-listed builder of commercial, residential and municipal infrastructure projects in China’s fast-growing regions of the Yangtze River Delta and the city of Sanya on Hainan Island, says it has signed three new commercial construction project agreements with a total value of US $33.6 million. The projects are expected to be completed before July 2011.

“Boyuan has developed significant momentum since the start of the 2009 fiscal year,” said Cai Liang Shou, Chairman of Boyuan.

Based in the Yangtze River Delta, Boyuan’s core market, the projects will include construction of the main production facilities of an eco-farm project in Jiangsu, one of China’s fastest growing provinces, development of support facilities for a nuclear plant project in Zhejiang, another fast-growing Chinese province, and construction of a barley production facility also in Zhejiang. The Yangtze River Delta is home to approximately 80 million people and 20 per cent of China’s GDP.

DCN News Services

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