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Sichuan Guodong Construction in 1bn deal with Sheffield

Anticipated deal set to create thousands of jobs

Sichuan Guadon Construction Group2

Chinese construction giant Sichuan Goudong Construction Group has reached a deal with Sheffield City Council for a 1 billion partnership deal, making it the largest Chinese investment play outside of the UK capital.

A Sheffield City Council spokesman commented, “The 60 year deal will provide much needed investment in to the city, guaranteeing a raft of regeneration projects”.

The agreement has taken more than 18 months to come to fruition and has been hailed by Mr Wang, chairman of Sichuan Guodang Construction as an “outstanding business investment”.

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