Real estate firm to invest 2m yuan in green technologies

News and Updates > Real estate firm to invest 2m yuan in green technologies
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China Daily
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Mar 31 2014

Franshion Properties (China) Limited, the Hong Kong-listed real estate arm under Sinochem Group, will invest 2 million yuan ($323,000) this year in the research and development of green technologies, according to the companys chief designer.We did a lot of research in green buildings last year and plan to increase our investment in this field to 2 million yuan this year, Sun Guodong, chief designer of Franshion, told China Daily at the Tenth International Conference on Green and Energy-Efficient Buildings & New Technologies over the weekend.Meanwhile, the company has signed a deal with China Academy of Building Research and Shanghai Architecture Science Institute to promote cooperation in the research of green buildings.

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