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Dalian High Tech Industrial Zone Admin Commission Signs 250 Million USD Real Estate Lease and Investment Agreement with Trussnet to Develop Service Residence, Office Building and Convention Center

Trussnet USA Development Co. Inc.
2006-11-16 19:51 1322


IRVINE, Calif., Nov. 16 /Xinhua-PRNewswire/ -- Trussnet USA Development

Co. Inc. ("Trussnet"), a member of the Trussnet family of companies, a global

leader in architectural and engineering services, telecommunication networks,

high-tech facilities, turn-key development projects and business hotels

announced today that it has signed a 250 million USD strategic development

agreement with the Administration Commission of the Dalian High Tech

Industrial Zone ("Zone") Commission to develop a service residence, office

towers and convention center in the Chinese city of Dalian.

"This agreement will result in the construction of 5-Star service

residence in the heart of the Zone. These facilities will be able to

accommodate global business travelers who attend what are expected to be over

50 domestic and international exhibitions each year in Dalian. It will also

result in the construction of an office complex and convention center. We

are grateful to the Commission for its confidence in our ability to design,

build and manage this project," said Colin Tay, Chairman of the Board of

Trussnet.

About Dalian High Tech Industrial Zone

The Dalian High Tech Industrial Zone ("Zone") is a national Industrial

Park approved by the State Council of Dalian Province of China in 1991. It

is also a Chinese first class software park, meeting international standards

and a software export base approved by the Ministry of Science and

Technology. The largest and best training institute for software in the

China -- NEUSOFT Institute of Information Technology -- is located in the

Zone. The DD Port of the Zone has been recognized by the Chinese Ministry of

Science and Technology as the Dalian DD Port Bio-Tech & Pharmaceutical

Industrial Base of the China Torch Program. The Chinese Academy of Sciences

has set up the Hi-Tech Industrial Incubation Fund within the DD Port and

encourages their affiliating institutions to localize their achievements to

the port. They have also established a talents training base in the DD

Port. For more information, please visit their web site at

http://www.dlhitech.gov.cn:8090/english/en_zhaoshang/index.asp .

About Trussnet USA Development Co. Inc.

Headquartered in Irvine, California, United States of America, (

http://www.trussgroup.com ) Trussnet provides professional services in

planning, architecture & engineering, turnkey development, finance,

manufacturing, construction, project management, telecommunication networks,

high-tech facilities and business hotels throughout the United States, China

and Southeast Asia. Trussnet knows what Eastern and Western international

business requires. It also understands and appreciates the importance of

properly fusing the culture of the United States with the cultures in China

and Southeast Asia. Trussnet has patiently developed long standing, personal

relationships in China and Southeast Asia that have enabled it to

successfully market its services throughout China and Southeast Asia.

Understanding and embracing the cultures of the Eastern and Western part of

the globe, together with these personal relationships, are the key elements

to the international language of business. These elements are understood and

embraced by every member of the Trussnet organization. While these elements

are continually evolving and maturing, they still represent the foundation of

Trussnet, as it further expands its worldwide operations.

Source: Trussnet USA Development Co. Inc.
Keywords: Real Estate
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