A Chinese-Timorese partnership plans to build the Timor Fortuna Center Plaza, a building with two towers of 17 floors each costing US$70 million in Dili, the capital of Timor-Leste (East Timor), said the director of Timorese group Li Tyen Development, Carmelita Pinto Lay.
The new building, in which the Chinese partner will be Guangxi International Construction Engineering, will include shopping and leisure areas, offices and apartments, in a total construction area of over 60,000 square metres.
Fuquan Li, president of the Chinese company, said that the project will have three levels of underground parking, 183 shops on five floors of the shopping centre and a 17-story office tower – which will include a restaurant with a capacity for almost 400 people.
The second tower will have 170 apartments of various types, and the building will be located near the Community of Portuguese Language Countries Bridge, on the main avenue that connects the capital to the airport area and the western part of the country, according to Portuguese news agency Lusa.
Li Tyen Development, a group with over a thousand employees, has two large supermarkets, including the oldest in Timor-Leste, and companies in the areas of construction, cement, beverage distribution and the automotive sector. (macauhub)