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China Evergrande resumes construction on 63 projects in Pearl River delta -Breaking

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© Reuters. FILEPHOTO: China Evergrande Group’s headquarters can be seen in Shenzhen (Guangdong Province, China) September 26, 2021. REUTERS/Aly SONG/File Photo

BEIJING, (Reuters) – China Evergrande, a debt-laden real-estate developer, has resumed construction on 63 projects within the south Pearl River Delta. A regional subsidiary announced Friday.

On WeChat, the subsidiary stated that the projects cover 15 locations, including Guangzhou and Qingyuan, Yangjiang, Zhaoqing and Foshan.

It stated that the company would “speed up and overcome difficulties” during the next phase to make sure projects are completed on schedule and within quality standards.

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