Southworth International and Bestsun Energy have been selected to develop major new exhibition and conference facilities in Langfang, China. The projects will include a new international exhibition and conference center to replace Langfang's existing facilities, as well as a large mixed-use development called the International Demonstration Park. The exhibition center is intended to meet growing demand and host larger events, while the IDP will showcase smart city technologies and attract multinational businesses to the region to alleviate congestion in Beijing. Southworth and Bestsun will work closely with the Chinese government and local authorities to execute the projects according to an ambitious multi-phase timeline.
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Southworth Chronicles - Summer 2010
1. VOLUME EIGHT | ISSUE TWO | SUMMER 2010
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SOUTHWORTH
chronicles
SOUTHWORTH INTERNATIONAL AND BESTSUN CHINESE GOVERNMENT
MANDATES DEVELOPMENT
ENERGY TO DEVELOP BEIJING AREA EXHIBITION e Chinese Government has stated that the
AND CONFERENCE CENTER FACILITIES city of Langfang with its strategic location
will be the ideal solution to ease the pressure
Sample architectural rendering on Beijing because of close proximity, lower
of the new exhibition and property values, accessibility, and open space.
conference center development
Both the Center and the IDP are well situated
to become the new gateway for domestic and
international business and tourism in China.
EXHIBITION CENTER
STRATEGICALLY LOCATED
Langfang is strategically located in the Hebei
Province, 40 kilometers (25 miles) from the
Capital of Beijing and 60 kilometers (37
miles) from Tianjin, one of the largest and
T
he Municipal Government of Langfang, China has engaged Southworth most important port cities in China. Because
International and Bestsun Energy to plan, design and build a new, world-class of its location in the center between Beijing
exhibition and conference center. e Center will become a world-renowned venue and Tianjin, Langfang is one of the most ideal
located 25 miles from Beijing. e existing Langfang exhibition center has outgrown its locations globally for business and commerce.
capacity and must be enlarged to meet future international demand from the Beijing and e city has a total area of 6,429 sq. kilometers
Tianjin area. e Center will replace not only the existing buildings, but eventually the (4,000 sq. miles) and a population of over 4
surrounding Exhibition Park, an 84-acre (392,000 sq. meters) complex. million people. is area is roughly the size
of the Phoenix, Arizona metropolitan area.
As part of the exhibition and conference center, metropolitan area. Economic growth in the Within a 200 km (125 miles) radius, there are
Southworth and Bestsun will be developing a Beijing area is among the highest in the world, seven expressways, two international airports
shopping area and 5-star hotel. e exhibition leading to appreciation of real estate values, (soon to be three), the country’s second largest
and conference center will become the showcase demand on transportation and infrastructure, port, a high-speed train, subway system and
for the anticipated Smart City development at and other issues related to population density. nearly 150 million people.
the nearby International Demonstration Park.
e IDP was previously awarded to Southworth Current exhibition O ce building
building at exhibition site
and Bestsun as joint developers of the 30 square
kilometer (18.64 sq. mile) Smart City site near
the Dragon River in West Langfang.
e Central Government has mandated
accelerated development of the Langfang region
in order to direct future growth and alleviate the
increasing congestion throughout the Beijing
SOUTHWORTH CHRONICLES | www.Southworth.ms
2. CONSTRUCTION TO BEGIN IMMEDIATELY ON
EXHIBITION AND CONFERENCE CENTER PHASE I: Exhibition Center/
Conference Center
T
COMPLETION: December 31, 2011
o meet the growing needs of Langfang’s exhibition 400 Room Hotel:
industry, construction and design on the new December 31, 2012
center must begin immediately. e city is hosting COST: $237 million
the annual APEC meeting on “Smart City and Intelligent
Industry” on May 18, 2011, and would like to hold this PHASE II: Executive O ce Space/
meeting in the new facility. In addition, a major exhibition Trade Mart
will take place during this meeting. e construction of COMPLETION: December, 2013
the new hotel and exhibition center will be Phase I of the COST: $38 million
project, with the development of the remaining 60+ acres
PHASE III: Cultural and
Sample architectural renderings (approximately 243,000 sq. meters) following therea er.
of Exhibition & Conference Center
Performing Arts Center
COMPLETION: December, 2013
DEVELOPMENT TO BEGIN IN PHASES COST: $33 million
Phase I construction is in the approval stages and will begin
PHASE IV: Retail Shopping/
by November 1, 2010. e Exhibition and Conference
Restaurant Center
Center will be completed by December 31, 2011, and the
COMPLETION: December, 2014
Hotel will be completed by December 31, 2012. Design and
COST: $62 million
construction of the subsequent phases will begin concurrently
with Phase I. e initial starting date for Phases II-IV is July, TOTAL DEVELOPMENT COST: $370 MILLION
2011, and an approximate completion date of the entire
complex is December, 2014.
Sample - rendering of
exhibition and conference center
ECONOMIC
IMPACT OF
EXHIBITION AND
CONFERENCE
CENTER
L
ocal and provincial governments are the major bene ciaries of exhibition center activities. In virtually all
economic models published, the government provides nancial concessions to exhibition center operators to
support the economic stimulus being brought to the region.
e actual income of the exhibition center may not be great but the value of the economic impact is usually at least
three to ve times more revenue than is generated at the Center itself each year. Major economic bene t is derived in
part from increased tax revenue, tourism spending, job creation, and increased personal spending power of citizens
in the area surrounding the exhibition and conference center.
SOUTHWORTH CHRONICLES | www.Southworth.ms –2–
3. SOUTHWORTH INTERNATIONAL APPOINTED BY CHINESE
GOVERNMENT TO DEVELOP INTERNATIONAL EXHIBITION
AND CONVENTION CENTER IN LANGFANG, CHINA
Z
hao Shihong, Langfang, China’s Municipal Party Secretary, recently met with representatives from
Southworth International and Bestsun Energy Goup and gave approval for Southworth to develop
the new international exhibition and convention center to be built in Langfang, e purpose of
the new exhibition and convention center is to enhance the existing exhibition infrastructure and bring
larger and more prestigious exhibitions to Langfang in order to better serve the greater Bejing area’s need
for exhibition services.
Bestsun Energy Group, a privately held Chinese center, multiple exhibition halls and retail
corporation will partner with Southworth on the shopping space and is expected to be completed in
project. “With Bestsun as our partner and with December, 2014.
the strong support of the Chinese government,
we are extremely pleased to be developing the Langfang is a city with extremely convenient
International Exhibition and Convention Center tra c networks, telecommunication and a
in Langfang,” said Marcus Southworth, chairman thriving business community. Travel by car will
of Southworth International. be enhanced by two new high-speed expressways
and a new high-speed commuter rail system all
e Central Government has mandated connecting directly from Langfang to Beijing
accelerated development of the Langfang region and expected to be completed in 2011. A new
in order to direct future growth and alleviate the international airport is also being built just outside Party Secretary Zhao Shihong
increasing congestion throughout the Beijing Langfang which will supplement the Capital and Marcus Southworth
metropolitan area. Economic growth in the Beijing International Airport in Beijing and the Second
area is among the highest in the world, leading Capital International Airport in the nearby port
to appreciation of real estate values, demand on city of Tianjin. With Bestsun as our partner
transportation and infrastructure, and other issues and with the strong support
related to population density. With it’s close proximity to the IDP “Smart City,”
Langfang will also be able to draw meetings and of the Chinese go ernment, we
Groundbreaking for the Conference Center and conventions from international businesses that will are extremely pleased to be developing
Exhibition hall will take place in November of be established as part of the IDP development. the International Exhibition and
2010 and construction of the exhibition and ese businesses will be mainly focused on high
Con ention Center in Langfang.
convention center will be completed in December, technology, nance, energy, and service industries
2011. e nal three phases of the development and will be supported using renewable, sustainable
energy resources. MARCUS SOUTHWORTH
include a world-class international hotel, business
–3– SOUTHWORTH CHRONICLES | www.Southworth.ms
4. Marcus Southworth with Wang Donghai,
Chairman of Bestsun Energy Group
BESTSUN
B
estsun Energy Group is a large, privately and is primarily focused on the development,
owned natural gas sales, transmission delivery and operation of clean energy projects.
ENERGY and distribution company with Bestsun constructed and owns gas terminal
diversi ed subsidiary operations in engineering, and distribution system operations including
GROUP construction, real estate and property a pipeline of over 1,000 kilometers, serving
management. Bestsun was founded in 2001 Langfang and Tianjin, China.
Bestsun Energy Group with Party Secretary Zhao
PRINCIPLE OBJECTIVES OF NEW EXHIBITION CENTER ESTABLISHED
T
he overall objective of the new Langfang e Center will have the ability to accommodate Southworth International: structure and arrange
Exhibition and Convention Center is increasing numbers of visitors and the capacity nancing for the project; engage business
threefold: to host large, medium, and small events with partners for design, development, construction
easy access through a developed transportation and operations; oversee the entire project for
1. Create the number one exhibition and network. It will create a hub for business successful completion; implement a global
convention center in the Beijing/Tianjin partnerships throughout the world and attract marketing campaign to promote sales and
corridor with the capacity to host large, domestic and foreign investment for IDP activity surrounding the Trade Mart and the
medium, and small events. development. IDP Southworth team in China.
2. Establish an international gateway for
global commerce (“Trade Mart”) which PARTNERSHIP RESPONSIBILITIES Bestsun Energy Group: interface with the
will facilitate interaction between business government, provide leadership and direction
In order to accomplish these objectives,
people from all over the world and bring for Chinese operations and activities; host
Southworth International and Bestsun Energy
investment to the region. investors and other partners; provide due
Group have formed a partnership in the
3. Serve as a link to the IDP Smart City diligence information for the project;
development of the Center. e Center will
development which will provide a window consult with Southworth on the best approach
follow a private ownership model. e two
to business, cultural, educational, residential for each element of the project.
companies will perform the following duties and
and other developments at the IDP. responsibilities:
SOUTHWORTH CHRONICLES | www.Southworth.ms –4–
5. BUILDING THE INTERNATIONAL
DEMONSTRATION PARK, THE
WORLD’S MOST ADVANCED CITY
T
he Chinese government has mandated that Langfang will be a “Smart
City” with the most modern infrastructure, including the latest advance-
ments in clean energy, sanitation, air quality and transportation. In May
2010 the 21 participating countries of the Asia-Paci c Economic Cooperation
(APEC) and Bestsun Energy Group hosted a 3-day conference in Langfang
China to discuss the development of Smart Cities and Intelligent Industry
throughout the world. Conference invitees included high-level dignitaries from
the U.S. (including former President George W. Bush) and top o cials from the
Chinese government and APEC.
Because of Southworth International’s reputation for doing quality business in
China and its excellent representation in Beijing by Lao Yang, on May 19, 2010
the Southworth Companies were awarded the exclusive rights to develop the
most advanced international city existing anywhere in the world: e Langfang
International Intelligent Demonstration Park (“IDP”), an area of approximately
30 square kilometers (18.64 sq. miles)A focus will be made on attracting interna-
tional businesses who both utilize and produce renewable and sustainable energy
products.
e vision for both the Exhibition Center and the IDP supports the Central
Government’s plans by reducing the demand on the Beijing infrastructure and
creating an environment that attracts visitors and business investment activity IDP Site
away from Beijing while maintaining relatively close proximity and convenience
for travelers and business people.
Southworth International is charged to make IDP a model for the global commu-
nity by employing exclusively clean and green technologies as well as creating an
international culture that will attract the regional headquarters of multi-national
companies and residents who are involved in global business.
e Langfang IDP is considered to be a world class, state of the art residential,
commercial and industrial zone with the highest standard of innovation, technol-
ogy, comfort, convenience and design. Bestsun Energy Group and Southworth
Companies have agreed to work together towards the overall development and
success of the Langfang IDP project, and in ful llment of the Bestsun govern-
ment mandate. e parties will work together to maintain a green, clean and
safe environment characteristic of the highest standards in the world. Bestsun’s Golf Course near IDP Site
reputation with the Chinese government is very strong and they will manage
the relationship with China. e government has agreed to pave the way for the
project when it comes to zoning restrictions, infrastructure needs or removing
any regulatory roadblocks.
In addition to working closely with the Municipal Government, Southworth/
Bestsun will be working with world-class urban planners, designers and architects
in the planning and construction of a world class Business and Cultural Exchange
Center and the International Demonstration Park. However, a majority of the
work will be completed by Chinese contractors, with nancing provided by a
combination of Chinese and foreign banks and investors.
Southworth has made a commitment to be a long-term partner with Bestsun in
the development and management of the IDP. Southworth’s partners are also
committed to the ideals of the IDP – technology, environmental responsibility,
and building relationships of mutual trust and respect.
–5– SOUTHWORTH CHRONICLES | www.Southworth.ms
6. CHINA OFFICIALLY
A
er three decades of spectacular growth, Experts say unseating Japan — and in recent years
China passed Japan in the second quarter passing Germany, France and Great Britain —
HAS SECOND of 2010 to become the world’s second- underscores China’s growing clout and bolsters
LARGEST WORLD largest economy behind the United States. Japan forecasts that China will pass the United States
showed minimal GDP growth, while its huge as the world’s biggest economy as early as 2030.
ECONOMY neighbor China continued its blistering rise. America’s gross domestic product was about $14
trillion in 2009.
For the April-to-June, 2010 quarter, Japan’s GDP,
unadjusted for price or seasonal factors, amounted China’s economy is nearly 100 times the size it was
to $1.286 trillion, compared to China’s $1.335 when market reforms began three decades ago.
trillion. Japan has been second to the US in GDP
terms since it overtook Germany in 1968. Last year, Although growth has begun to moderate a bit,
China became the world’s biggest exporter, over China’s economy is forecast to expand about 10
taking Germany, and is already the largest manufac- percent — continuing a remarkable three-decade
turer and buyer of cars on the planet. streak of double-digit growth.
CULTURE OF THE
PEOPLE’S REPUBLIC OF CHINA
China is one of the Four Ancient Civilizations (China, India, Babylon, and
Egypt). It boasts 3,600 years of written history, as well as a rich and
profound culture. Chinese culture is diverse and unique,
yet harmoniously blended, and is known throughout the world.
e culture of the People’s Republic of China is a rich and varied blend of
traditional Chinese culture with communist and other international
in uences. China’s culture is a combination of traditional Chinese
culture and communism. Much of the diversity of China’s culture seems
to come from the diversity of the Han Chinese who comprise the largest
segment of the population, and national minorities who bring
individual elements from their cultures. Chinese culture is also
very much based on the isolation of China which
developed over hundreds of years in which it has adapted
and changed until today it is a thriving and economically
important part of the world’s economy.
SOUTHWORTH CHRONICLES | www.Southworth.ms –6–
7. SOUTHWORTH INTERNATIONAL
S
outhworth International is a global in Angola, a eet of ships in Argentina,
nancial advisor and investment acting as the nancial representative for
banking group with o ces in Salt the government of Ghana, completely
Lake City and Beijing linking people, revamping an aircra manufacturing
projects and capital through a broad range plant in the Czech Republic, relocating
of nancial and opportunity management an entire steel manufacturing facility from
services. We bring together investors and the United States to China and funding
capital for business, corporations and aircra purchases for a major airline.
governments seeking nancial assistance.
Southworth International is currently
Our clients include Fortune 500 involved in nancing a copper mining
companies, governments, venture capital operation in the United States and with
corporations and institutional and it’s Chinese partner, Bestsun Energy is
high-net-worth investors. We advise currently planning, designing and getting
companies on mergers, acquisitions and ready to begin construction on a new,
nancial opportunities, implementing world-class exhibition and conference
innovative debt and equity solutions while center, shopping center and 5-star hotel in
minimizing risks. Langfang, China. e exhibition center
will also become the showcase for the
Over the past decade, principals of anticipated Smart City development at
Southworth International have placed the nearby International Demonstration
over a billion dollars of development Park which was also recently awarded to
capital in the form of equity and loans Southworth and Bestsun for development
into an extremely wide variety of projects of a 30 square kilometer (18.64 sq. mile)
including nancing for o shore oil wells site in West Langfang.
–7– SOUTHWORTH CHRONICLES | www.Southworth.ms
8. FACTS ABOUT CHINA NEWSLETTTER
SIZE: 9,596,961sq km (slightly smaller than the STAFF
United States)
COASTLINE: 14,500 km Contributors:
ELEVATION: Highest, Mt. Everest, 8,850 meters Marcus Southworth
Lowest, Turpan Pendi -154 meters Brady Boardman
POPULATION: 1,330,141,295 ( July 2010 estimate) Doug Free
MEDIAN AGE: Male, 34.5 years Curt Bassett
Female, 35.8 years Thor Roundy
BIRTH RATE: 12.17 births/1,000 population (ranks 153 in world) Connor Southworth
LIFE EXPECTANCY: Male, 72.54 years Brett Moore
Female, 76.77 years Ted Phillips
URBANIZATION: 43% of total population
ETHNIC GROUPS: Han Chinese 91.5%, remainder, Zhuang, Subscription:
Manchu, Hui, Miao, Uyghur, Tujia, Yi, Mongol, The Southworth Chronicles
Tibetan, Buyi, Dong, Yao, Korean and is published quarterly.
other nationalities Call for your subscription:
CAPITAL: Beijing (801) 535-4677
LABOR FORCE: 813.5 million (2009 estimate)
Agriculture, 39.5% Southworth International
Industry, 27.2% 299 South Main Street
Services, 33.2% Suite 1300
Unemployment, 4.3% (2009 estimate) Salt Lake City, UT 84111
CURRENCY: Renminbi yuan (RMB)
TELEPHONES: 365.6 million main lines (world’s largest)
634 million cellular phones (world’s largest)
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Wells Fargo Building
299 South Main, Suite 1300
Salt Lake City, Utah, USA 84111
(801) 535-4677
www.southworth.ms
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