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Article: KFH invests USD 275 mln in grand real estate project in China.
- Article from:
- Mena Report
- Article date:
- August 31, 2008
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Copyright informationCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Summary: Kuwait Finance House's (KFH) acting CEO Emad Al-Thaqeb stated that KFH signed a USD 275 speculation contract with Nan Hai Limited, which is a Chinese, to invest in Peninsula project, the biggest real estate development project in Shekou and Shenzhen areas in China.
Kuwait Finance House's (KFH) acting CEO Emad Al-Thaqeb stated that KFH signed a USD 275 speculation contract with Nan Hai Limited, which is a Chinese, to invest in Peninsula project, the biggest real estate development project in Shekou and Shenzhen areas in China. The project occupies 1 million square meters, with a total cost of USD 3 billions. This comes as a step from KFH to cement its investments ...
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