Boyuan Construction Group announced that it has started construction on three new projects in Zhejiang Province with a combined total value of $109.4 million. Two more projects are located in Pinghu, a growing city near Jiaxing with an attractive investment climate for multinational corporations. The first project is a residential development in Pinghu City of Zhejiang Province, with a contract value of $42.6 million and a construction area of 150,900 square meters. This project is expected to be completed in the second quarter of calendar year 2019. The second project is a residential development in Jiaxing City of Zhejiang Province, with a contract value of $47.4 million and a construction area of 161,740 square meters. It is expected to be completed in the fourth quarter of calendar year 2019.