Commercial Group Properties plans ‘China Gateway’ conference centre in Kent
May 21, 2009
Commercial Group Properties has signed a memorandum of understanding with the United Nations Industrial Development Organization (UNIDO) to set up a joint venture to construct, fund and let an exhibition and conference centre at Manston Business Park in Manston, Kent.
The AIM-listed company said the exhibition centre, which will also include an ‘industrial hub' building, that is designed to encompass a very wide range of activities, businesses, organizations, and ‘cultural and visionary entrepreneurial concepts'.The centre will, in particular through representation of various Chinese organizations, promote ‘Chinese business in all its myriad guises' to a UK and EU clientele. It will also promote Chinese arts and culture, Chinese tourism and natural beauty; and the benefits of investment into China.
The centre will be managed, promoted, developed and maintained by Commercial Group Properties or a subsidiary or nominated company. It said that Chinese organizations will have the benefit of the exhibition, conference, meeting and office facilities within the centre.
Commercial Group Properties said it is anticipated that Chinese provinces and cities will be able to secure seats in the centre and which will entitle them to use of those seats for specific periods each year.
Source: PropertyWeek.com
