The first land auction for Guangzhou International Financial City (GIFC) was held in early 2013 with four land parcels sold for a total consideration of approximately RMB13 billion. It also marked the beginning of a massive project which will transform an industrial area along the Pearl River into a world-class financial district.
     The masterplan of GIFC is bounded by Huangpu Dado and Zhongshan Dado in the north, the Pearl River in the south, the boundary of Tianhe district in the east and Hua Nan Expressway in the west, covering a total area of approximately 8 square kilometers. The core area is approximately 2.3 square kilometers which comprises the Starting Zone (1.1 sq km) and the West Core District (1.2 sq km). The West Core District, which was mainly occupied by factories in the past, will be redeveloped into a world-class commercial district.
     GIFC will have a pair of super high-rise buildings in the core area, including a 450-m tall landmark building in the West Core District, and another building of 400-m tall in the Eastern Core District. The pair of skyscrapers will be overlooking the Canton Tower and Guangzhou International Financial Center in the distance. At the Starting Zone, a financial forum complex, financial services center and a museum of finance will be developed.
     Construction of the largest underground facility is also progressing at GIFC. According to plan, approximately 180 million square meters of underground space will be built in GIFC, (about 3.6 times of the total underground space at Zhu Jiang Xin Cheng, which is currently the largest in Guangzhou). The 5-level underground space at GIFC will be also the deepest basement in Guangzhou. Basement Level 1, with an area of 400,000 square meters, will be mainly for commercial use. The entire 'underground city' is expected to complete at the end of 2016.


Core area



The Starting Zone

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