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Singapore's Sembcorp signs deal for China township

Wed Oct 22, 2008 6:28am EDT

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SINGAPORE, Oct 22 (Reuters) - Singapore's Sembcorp Industries (SCIL.SI) said on Wednesday it has signed a master agreement to build an industrial township in Guangxi in southern China.

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The project will cover 1,500 hectares and is expected to be worth up to 1.7 billion yuan ($248.6 million) over 10 years. (Reporting by Kevin Lim; Editing by Neil Chatterjee)



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