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Groundbreaking of asset management tower marks new era in Huangpu

Updated : 2023-12-22

Recently, the groundbreaking ceremony for the Yuekai Asset Management Tower project was held in the Yuzhu area of the Huangpu Port Economic Zone.

This landmark building is not only a vital industrial carrier for the development of digital finance in Huangpu district, but also a key project that will drive the high-quality development of local industries.

The Yuekai Asset Management Tower has a total investment of about 2.1 billion yuan ($315 million) and a planned total construction area of about 100,000 square meters. This 220-meter-tall building will become a new highlight in the city's skyline.

The design of the tower integrates green building concepts, with a façade design inspired by bamboo segments. It aims to create an upright, stable, and innovative landmark. The project will not only attract high-end industries, such as the digital economy, technology finance, and shipping services, but will also promote the expansion of the area's industrial advantages, enhance regional competitiveness, and add vitality to the development of Guangzhou's second CBD.

The Yuzhu area in the Huangpu Port Economic Zone gathers major plans like Guangzhou International Financial City and the Guangzhou Artificial Intelligence and Digital Economy Pilot Zone. It is a significant demonstration area for the integrated development of the finance and digital industries.

The tower will fully leverage the area's advantages in digital finance by introducing headquarters of financial and asset management enterprises, injecting new vitality into the urban riverside business format, and becoming an important symbol that will lead the future development of the Yuzhu Area.

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