Hong Kong Causeway Bay Group and Huai'an Economic and Technological Development Zone signed a 6 billion Yuan investment agreement on January 4, 2019. Tang Daolun, member of the standing committee of Huai'an Municipal Committee of the CPC and secretary of the Party Working Committee of Huai'an Economic and Technological Development Zone, Zhao Quan, Deputy Mayor of Huai'an, and Chen Zhi, chairman of the board of directors of Hong Kong Causeway Bay Group and co-chairman of Hong Kong-Mainland International Investment Society attended the signing ceremony.
Over the next five years, Hong Kong Causeway Bay Group will make better use of its advantages. It invested 6 billion Yuan in Huai'an Economic and Technological Development Zone to develop commercial real estate including urban complex, commercial pedestrian streets and shopping malls, tourism real estate including featured blocks, characteristic cultural towns and villas, and cultural property including ancient towns and streets, and to introduce innovative business models for Huai'an according to the actual construction of Huai'an City, market demand and consumption characteristic.
Hong Kong Causeway Bay Group is a professional large-scale commercial real estate enterprise. Its main business is the development of commercial real estates and shopping malls. The "Causeway Bay Square" is one of China's leading commercial real estate brands.