Aerial photo taken on July 7, 2021 shows the scenery of Guanshanhu Park in Guiyang City, southwest China's Guizhou Province. (Xinhua/Yang Wenbin)
BEIJING, July 26 (Xinhua) -- Japanese real estate company Tokyo Tatemono Co., Ltd. (Tokyo Tatemono) will invest 105 million yuan (about 14.5 million U.S. dollars) in a property development project in Guiyang, southwest China's Guizhou Province, according to information released by Guizhou provincial commerce bureau on Friday.
The investment is a result of the cooperation agreement on jointly developing the project signed between Tokyo Tatemono and China Vanke Co., Ltd. (Vanke), one of the country's major property developers, on Thursday in Guiyang.
The real estate project marks to date the largest investment project by Japanese investors in Guizhou Province.
Foreign investors are welcomed to invest and carry out business in Guizhou as the province has developed an open economy, said Lv Jinsong, director of Guizhou provincial commerce bureau.
(Edited by Su Dan with Xinhua Silk Road, sudan@xinhua.org)
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