PowerPoint presentation by Hong Bo, Assistant President, CITIC Limited and Chairwoman, CITIC Construction, presented at the 6th Global Housing Finance Conference hosted by the World Bank Group held May 28-29, 2014 in Washington DC.
Overview: in 2008, CITIC Construction won the bidding of Kilamba Kiaxi (K.K.) Satellite City, F+EPC “turn-key” project. Contract value was $US4.2 billion. Construction period was 54 months, covering 8.8 square kilometers. Delivered in October 2012. All apartments have been sold out, about 100,000 people have moved into K.K.; Occupancy rate is 75%.