Construction underway on Wuyue Plaza in Yunyan

A groundbreaking ceremony for the Wuyue Plaza project is held on Dec 26 in Yunyan district in Guiyang, the capital city of Southwest China's Guizhou province. [Photo/WeChat of Yunyan]

A groundbreaking ceremony for the Wuyue Plaza project was held on Dec 26 in Yunyan district in Guiyang, the capital city of Southwest China's Guizhou province.

The project has received a total investment of 7 billion yuan ($1.05 billion) from Seazen Holdings Co, a Shanghai-headquartered comprehensive real estate enterprise that straddles the residential and commercial real estate sectors.

The project has a total planned area of 760,000 square meters. Once completed, the plaza will include a shopping center, office buildings, boutique commercial streets and residential departments.

A groundbreaking ceremony for the Wuyue Plaza project in Yunyan district is held on Dec 26. [Photo/WeChat of Yunyan]

In recent years, Yunyan has been committed to becoming a district with high-level opening-up and top-quality development. It has focused on transforming old shanty towns, accelerated the improvement of urban areas and core competitiveness, and simultaneously promoted urban and industrial modernization.