The rich Chinese to invest $10 billion in the industrial area in India

Moscow. January 22. Chinese conglomerate Dalian Wanda Group, owned by richest man in China Wang Stanglin, reached a preliminary agreement with the authorities of the Indian state of Haryana on investing $10 billion in the construction of industrial zones in the state, reports Bloomberg.

This industrial Park will become one of the largest in India.

It is expected that work on the first stage of the project with an area of 13 square kilometers will start this year.

Earlier in January, Dalian Wanda acquired a Hollywood film company Legendary Entertainment for $3.5 billion, has invested $2.3 billion in the construction of three hospitals in China and founded the financial group as part of the reorganization of the business.

Conglomerate Dalian Wanda Group, founded in 1986, focused on assets in real estate, owns commercial real estate, Department stores, hotels, cultural and tourist centers. The annual turnover of 200 billion yuan, and the total property is estimated at 380 billion yuan. Personal fortune van Czarina is estimated at $22 billion.