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News: Shanghai plans to spend RMB 6 billion for relocation of residents

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  • News: Shanghai plans to spend RMB 6 billion for relocation of residents

    according to finet.hk news

    A government official said the Shanghai municipal government has completed the required registration of residents relocation compensation. Phase 1 of Shanghai Disney Project will occupy an initial area of about 4 square kilometers.

    The official said the amount of compensation and relocation time of the details remain to be determined.

    The report, citing industry sources as saying that RMB 6 billion of compensation is an estimate.

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