Hong Kong’s Shui On Land forms JV for Shanghai redevelopment project

The group operates in regions such as the mainland China, Hong Kong, Vietnam and Mongolia.

Shanghai Pucheng and Shui On Land have formed a joint venture for redevelopment of Pujiang Town, a popular tourist spot located in the Minhang district of Shanghai, China. The project will see the redevelopment of Zhaojia Lou Ancient Town, an AAAA rated tourist attraction. This area stretches from Jiageng Road in the east, to Yaojia Bang in the south, Huichi Road to the west and Xiaoyan Lake in the north.

The joint venture will develop this land into a new landmark of Shanghai, with residential, commercial and ancillary facilities. This project will preserve the unique history and culture of Pujiang Town. Shui On Land is the property development company of the Shui On Group, a building-materials and construction firm, which has been involved in urban renewal projects with proven capabilities in master planning, cultural preservation, community operation and urban regeneration.

Jessica Wang, CEO of Shui On Land says, “Our success in the Panlong Tiandi project is a strong testament to the group’s capabilities in the urban-village renovation, giving us confidence in the future prospects of the Zhaojia Lou project.”

Shui On Land and the Shui On Group are based in Hong Kong, but also operate in the mainland China, Hong Kong, Vietnam, and Mongolia. The success of this project is a testament to their capabilities and experience in urban renewal projects. The joint venture looks forward to redeveloping the Zhaojia Lou Ancient Town, to create a new landmark of Shanghai.