The main structure of the Bay Area Financial Port, which is located at the AT090962 plot of Guangzhou International Financial City in Tianhe district, was recently capped.

Invested in by Guangzhou City Construction Investment Group, the financial port will cover a combined floor area of more than 420,000 square meters, and have 28 floors above ground and four floors underground, with a total height of 117.4 meters.

Construction site at Guangzhou International Financial City in Tianhe. [Photo/WeChat account: tianhefabu]

Guangzhou International Financial City is located in the geometric center of various key development platforms in Guangzhou. It is at the intersection of the Guangzhou-Shenzhen-Hong Kong and the Guangzhou-Zhuhai-Macao innovation and technology corridors, the Pearl River coastal economic belt, as well as the Guangzhou sci-tech innovation axis.

Of all the 38 plots for sale in the starting area of the financial city, 30 have been sold. To date, 14 headquarters or regional headquarters of domestic and foreign renowned financial institutions have been introduced here, while featured buildings like Southern Finance Omnimedia Corp (SFC) Building, Poly Financial Metropolis, as well as the Greenland City Center have been built.

It will focus on the development of digital finance. During the 14th Five-Year Plan period (2021-25), it will boost the construction of 116 key projects that involve a total investment of over 180 billion yuan ($25.88 billion), and will achieve a GDP of 70 billion yuan by 2025.