Chinese contracting construction company Boyuan Construction Group, Inc., announced that it has commenced construction on three new residential projects with combined contract values of $54.9 million.
The first project is a 104,967 square meter residential development in Yancheng City in Jiangsu Province. The project has a contract value of $13.1 million and is expected to be completed by the fourth quarter of 2019.
The second project is a 70,404 square meter residential development in Pinghu City in Zhejiang Province, with a contract value of $17.4 million and completion targeted for the first quarter of 2020.
And in Zhejiang Province, the third project is also a 62,886 square meter residential development in Tongxiang City. It has a contract value of $24.4 million and is expected to be completed in the third quarter of 2020.