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Guangdong Province Project

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Guangdong Province Project is a property development being developed by Mapletree India-China Fund (MIC), a subsidiary of Temasek Holdings. This is MIC third investment in China. It was announced on May 26, 2008. The property is worth $320 million. The Guangdong project is jointly funded by Mapletree India-China Fund and Guangzhou Southern-Donald Scientific Technology Co, which holds 80% and 20% stake in the project respectively. The project, located in the Nanhai district of Foshan city, is expected to be completed in five to eight years.

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