Page 22 - Sphere No.16 (Apr 2006)

20 SPHERE
A site has already been earmarked
for the event, on the eastern side of the
Huangpu River, the waterway that bisects
the city, just down from the Manhattan-
like skyscrapers of Pudong’s financial
zone, Lujiazui. Dominating that skyline
is the USD540 million Jin Mao building,
a contemporary interpretation of a Chi-
nese pagoda.
“If you were taken from the airport
blindfolded, and then shown that skyline
you would think you were in New York,”
says Henry Wah, Director, Hutchison
Ports China. “The city has been totally
transformed . . . new roads, high rises, ring
roads, tunnels, flyovers, bridges and green
space. Shanghai is getting back the gran-
deur it was once famous for. I tell people
that it is a first-class city once more, with
world class restaurants and shops.”
The runaway expansion shows no signs
of easing off; annual growth has been
NVESTORS LOOKING FOR OPPORTUNITIES
ARE FLOCKINGTO SHANGHAI, POTENTIALLY
THEWORLD’S LARGEST MARKET PLACE I