(Invested Since 2009)

Hubei Modern Balloch Development Co.

Invited by the local Xiantao government, Shipston has partnered with a local real estate developer in Wuhan to build the Modern Sino-Canada Science and Technology City in the suburb of the economic and financial center of mid-China. Through the construction of this industrial park, which includes plans for both industrial and residential development, the local government anticipates a substantial boost to its economy by capitalizing on the industrial migration from developed countries and China’s coastal cities. The development has been constructed in phases to differently utilize capitol. So far, it has more than twenty Chinese and foreign enterprises set up their new facilities inside the park, including some well-known companies, such as Worthington Modern Steel Framing Manufacturing Co., Ltd. (U.S.), Clearford Industrial (Canada), VolksLift (Germany), and more.