Kangbashi New Area
|Hia Bagx New Area|
|Country||People's Republic of China|
|Time zone||China Standard (UTC+8)|
Kangbashi New Area, or Hia Bagx New Area (Mongolian: ᠬᠢᠶᠠ ᠪᠠᠭᠰᠢ kiy-a baγsi; Chinese: 康巴什新区; Pinyin: KāngbāshíXīnqū), or Habagexi Subdistrict, is a subdivision of the Chinese city of Ordos, Inner Mongolia, situated in Northern China.
History and construction
With an expanding district due to economic exploitation of the local natural resources, but dwindling water supplies due to the continual expansion of the Ordos Desert, Ordos officials were faced with a local infrastructure planning problem. Hence in 2003, Ordos city officials launched the creation of a new 1 million person city district. Located on a 355 square kilometres (137 sq mi) site 25 kilometres (16 mi) from the existing city of Dongsheng, the new city is located next to three existing reservoirs on the site of two former villages.
As of 2010, the current city on a site 35 square kilometres (14 sq mi) of has capacity for at least 300,000 people, created with an estimated investment of around 1.1 trillion yuan ($161 billion).
Local industrial projects include a Hawtai Motor 50,000 vehicles/year factory, and cooperation with Beijing CICC and Inner Mongolia Power Co Ltd in building a 4,300 kilowatt power plant, a key project in the Chinese State's Eleventh Five-Year Plan for Inner Mongolia.
Kangbashi was made world famous by a news report in November 2009 from Al Jazeera, later picked up and expanded through an April 2010 article in Time magazine, for having few residents but massive amounts of empty residential housing and high-tech public works projects. Subsequent reports have supported the claims that Kangbashi only presently houses around 20,000 to 30,000 people. High home prices are often blamed for keeping prospective buyers away from the city. But when home prices crashed there—from $1,100 a square foot in 2006 to $470 a square foot in December 2011—people started to think Kangbashi was a lost cause.
- Kilamba, empty Chinese-built city in Angola
- Hu Yinan (10 June 2010). "Ghost town". China Daily. Retrieved 2010-11-13.
- "China's Desert Ghost City Shows Property `Madness' Persists". Bloomberg News. Jun 23, 2010. Retrieved 2010-11-13.
- "China's Ghost Town". Al Jazeera. 10 November 2009. Retrieved 2010-12-21.
- Bill Powell (April 5, 2010). "Inside China's Runaway Building Boom". Time magazine. Retrieved 2010-12-21.
- Robert Peston (11 November 2010). "China: boom or bust?". BBC News. Retrieved 2010-11-13.
- Zeveloff, Julie. "Photos of Kangbashi, a Chinese ghost town". Business Insider. Retrieved 12 April 2013.