Financing Options for Urumqi New City

IPA is advising a major Chinese developer on a new city for 100,000 people in the Xinjiang Autonomous Region. This includes a logistics zone to facilitate trade between China and Central Asia. The new city will host Xinjiang’s only State-Council approved bonded zone and become a new seat for local government. IPA is producing an assessment of the macro-economic impact of the project on the city and regional economy and developing the financial model of the project using a hedonic model of property prices in new Chinese cities.