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Huawei won the bid for 260,000 square meters of industrial land in China
Huawei has won the bid for 260,000 square meters of industrial land in Songshan Lake, Dongguan in China that costs 188 million yuan, the type of industry being the manufacturing of smart auto parts. The contract shows that the total investment in the project is not less than 2.4 billion yuan.
November 23, Huawei participated in the bidding for 187.81 million yuan. On November 26, Huawei successfully bid for the industrial land of Songshan Lake in Dongguan City, near Songshan Lake, China.
The announcement shows that the area of this piece of land is 263,600 square meters, and the development and construction period is 3 years. The construction project will start before December 31, 2022, and be completed before December 31, 2025.