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Network CN adds 120 advertising panels in Changsha to its network
December 12, 2007
NEW YORK — Network CN Inc., a Chinese media and travel network company headquartered in Hong Kong, has announced that its subsidiary, Shanghai Quo Advertising Company, has been contracted to operate 120 roadside LED advertising panels in Changsha, the capital of Hunan province. Under the five year agreement with the government entity holding authority over the project, Network CN plans to install 70 of the panels in 2008 and the remainder in 2009.
Changsha, with a population of more than six million, is a transportation hub and one of China's top 20 most economically advanced cities. The city has attracted a tremendous amount of foreign investment, with nearly $1 billion worth of foreign direct investment recorded in 2005, mainly in high technology, manufacturing, food production and services.
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