Boyuan Construction Group Inc fka BOY

[MinnieM]

New construction project valued at US $6.9 million
http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=http%3a%2f%2fsystem.marketwatch.com%2fnewscloud%2fdocguid%2f%7b12980446-D21F-4375-826E-B19F00188776%7d&symb=BOY

Boyuan begins new construction project valued at US $6.9 million

An excerpt:

TORONTO, Apr 6, 2010 (Canada NewsWire via COMTEX) -- Boyuan Construction Group, Inc., (TSX-V: BOY & BOY.DB) a fast-growing construction company in China of commercial, residential and municipal infrastructure projects, announced today that it has initiated the building of a residential project valued at US $6.9 million. The 50,000 square meter residential project will be developed in Pinghu, an emerging city located in China's Zhejiang province.

"While our decision to expand into neighboring regions, such as Shandong, has resulted in a number of recent contract wins, Boyuan's core markets in Zhejiang and the surrounding Yangtze River Delta still offer numerous opportunities where we can leverage our construction skills and expertise," said Mr. Cai Liang Shou, Chairman of Boyuan Construction Group. "The success we have enjoyed in our core markets is due to our reputation of building quality projects on time and on budget."

The residential project is expected to be completed in the fourth quarter of calendar 2011.