A Shanghai-based international real estate company has signed a deal with Nova Scotia Business Inc. and Greater Halifax Partnership, which formalizes a plan of investment in Halifax and other areas of Nova Scotia.
HALIFAX, N. S.
A Shanghai-based international real estate company has signed a deal with Nova Scotia Business Inc. and Greater Halifax Partnership, which formalizes a plan of investment in Halifax and other areas of Nova Scotia.
“Nova Scotia and Halifax have an abundance of well-educated people, many universities and international students, beautiful scenery, interesting tourist attractions, as well as superior transportation linkages and emerging new technologies, all of which make it a compelling location for DDI (Dongdu International Group) to establish its first Canadian location,” said Marvin H.L. Li, founder, chairman and CEO of DDI.
The historic Pacific Building on Barrington Street in Halifax was acquired by DDI in 2013 and the company is currently refurbishing the building. In addition, DDI has acquired nine properties in Nova Scotia and a property management company. As a result, the company is planning additional developments in Nova Scotia.
DDI intends to build a strong partnership with Nova Scotia governments, universities and business communities, which will provide opportunities for new jobs, develop new trading relationships, attract tourists, and build new businesses all with mutually beneficial outcomes.
DDI’s longer-term vision in Nova Scotia could include private-sector investment in resort developments, establishment of a high-tech cluster, promotion of tourism in China, and further development of a film and movie industry.
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