Hong Kong developer NWD says it will ‘create shared value’, as it takes control of State Theatre Building site

//Hong Kong developer NWD says it will ‘create shared value’, as it takes control of State Theatre Building site

Hong Kong developer NWD says it will ‘create shared value’, as it takes control of State Theatre Building site

The conservation of the 68-year-old State Theatre in Hong Kong’s North Point district will be the highlight of property company New World Development’s (NWD) redevelopment plan, according to its executive vice-chairman.The developer, which is worth HK$99.7 billion (US$12.9 billion), was pursuing financial success as well as social benefits with the project, Adrian Cheng Chi-kong said. “On top of making money, we will create shared value – a connection between social progress and business…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-10-08T07:39:10+00:00 October 8th, 2020|Business|Comments Off on Hong Kong developer NWD says it will ‘create shared value’, as it takes control of State Theatre Building site