E-mail lunthesis@163.com Phone 0551-65179860-203

IKEA Acquires Land in East China's Anhui

Pub Date:2020-01-03 08:46 Source:Xinhua

HEFEI, Jan. 2 (Xinhua) -- Global home furnishing giant IKEA has purchased a plot of land in Hefei City, capital of east China's Anhui Province, paving the way for its first store in the province, according to local authorities.

IKEA spent 196.5 million yuan (about 28.2 million U.S. dollars) on the land, which covers an area of about 2.5 hectares in the northern part of the city.

IKEA has registered a branch company in Hefei with an investment of 275 million yuan, according to China's National Enterprise Credit Information Publicity System.

The multinational opened its first Chinese mainland store in Shanghai in 1998.

Editor:

Related News
- Nio to Get 10b Investment from Hefei    2020-02-26 10:04
- IKEA Acquires Land in East China's Anhui    2020-01-03 08:46
- Carlsberg Banks on Anhui Craft Beer Plant for Bigger Presence    2019-12-13 14:50
- Overseas Chinese Invest 3.5b Yuan in Anhui Province    2019-11-27 08:51
 
photo  >>
Video  >>
Track Laying Completed for New High-speed Rail in Anhui, China
Track-laying on Beijing-Hong Kong High-speed Rail Section in E China's Anhui Comes to an End
People  >>
Profile: Little Man, Big Dreams: Dwarf Fights for Success and Respect
Respiratory Therapists Work Their Way up China's Occupation List amid Epidemic
Travel  >>
China Issues Travel Alert against Countries Hard Hit by Coronavirus
Cultural Experience to Boost Tourism along Yangtze River
Contact Us
Copyright ©2000-2016 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited.