Boyuan Construction Group, Inc. a Toronto-listed construction company based in China, has started construction on four luxury residential buildings, each 25 storeys high.
The four buildings, a total 140,000 square metres in size, are located in the Sanya Peninsula district in Hainan Province. The project is valued at US$43 million and represents the company's second-largest project to date.
Completion of the new project is expected in the third quarter of 2012.
The new project is located near two of Boyuan's other projects that are currently under construction in the Sanya Peninsula district. 
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