Having finished speaking, Gu Heng turned his gaze to Tu Yong, "Mr. Tu, introduce to me the progress of the project inspection in Yangcheng City in the past few days."
Upon hearing this, Tu Yong immediately stood up and took out a document from his briefcase.
"Mr. Gu, after my inspection in the past few days, I have roughly determined the basic situation of the entire project.
Yangcheng International Race Track is a large urban construction project approved by the Yangcheng City government in February, with an expected total investment of 17 billion. Currently, we have learned that the Yangcheng City government will likely invest 8 billion, holding about 50% of the shares."
The remaining 50% will be competitively bid by 21 enterprises.