Limitless Consultancy Company Ltd has been set up in Hong Kong, while Limitless Consultancy Company Ltd is based in Shanghai.
Mark Jared, Business Development Director for Limitless in China, said: "China will play a key role in our long term plans for growth, and the launch of our companies there reinforces our dedication to the Far East. Our unique ability to create distinctive, sustainable, urban developments means we are ideally placed to help China in its move towards greater urbanisation."
Research shows that China has seen a 20 per cent annual growth in real estate over the last decade. More than 750 cities will be built there over the next 15 years, and 2,500 projects - including waterfront developments, industrial free zones, techo-cities and tourism projects - are either underway or in the pipeline.
News of the Limitless expansion in China comes just days after the company disclosed details of Halong Star in Vietnam, its first project in South East Asia. Limitless also recently announced the opening of its new regional headquarters in Singapore.
Mark Jared added: "The Far East and SE Asia are exciting, dynamic regions for Limitless. Our projects in this part of the world will represent a sizeable chunk of our global portfolio of developments."
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Limitless makes a name for itself in China
- United Arab Emirates: Sunday, September 16 - 2007 at 09:11
- PRESS RELEASE
Limitless, a global master development arm of Dubai World, has established two new companies in the Far East, where it is eyeing a number of large-scale, balanced urban community projects.
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Media enquiries: Rebecca Rees, Limitless PR on +971 4 375 9733Limitless LLC, a Dubai World company, is an integrated global master developer across all market segments, delivering distinctive, sustainable developments. Established in July 2005 and built upon the philosophy of 'delivering distinction', Limitless has three specific areas of expertise that give it a competitive advantage internationally: master planning large urban communities; waterfront development; and the implementation of large scale balanced projects. Downtown Jebel Ali is the first Limitless development for Dubai; Halong Star its first for Vietnam. There are more projects to come in Europe, South Asia, the Far East and elsewhere in the Gulf Region.
Posted by Lara Lynn Golden, News EditorSunday, September 16 - 2007 at 09:11 UAE local time (GMT+4)
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