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Clampdown leaves foreign firms short of land

Property firm Jones Lang LaSalle said real-estate agents were facing a tough time securing sites for multinationals seeking factory sites in the wake of Beijing's clampdown on illegal construction projects. In June, Ministry of Land and Resources officials said nearly 5,000 industrial parks had been breaking the law and voided permits in 3,763 cases. The ministry also found farmers were owed at least RMB 9.9 billion in unpaid compensation. The South China Morning Post reported that Hong Kong garment maker TAL Apparel could not obtain land for a needed second Guangzong plant in Dongguan, despite the city approving the land purchase six months earlier.

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