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Longchi Development Area in Zhangzhou
By Tu Lei (Chinadaily.com.cn)
Updated: 2006-06-26 09:50
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Longchi Development Area, a booming economic zone in Zhangzhou, East China's Fujian Province, has received a 3.75 billion yuan investment.
Covering an area of 13.75 square kilometers, the zone has four industrial parks including EUPA International Corporation (EUPA), a well-known home appliance and consumer electronic product manufacturer.
 Some of the 238 production lines in the electrical motor department of EUPA, Longchi Development Area, Zhangzhou, East China's Fujian Province. [Chinadaily.com.cn] |
"Currently, there are 115 enterprises registered here, 40 of which are foreign-funded with an investment of US$320 million," said Zheng Qingsong, vice general manager of the Longchi Development Area Administration Committee.
Last year production value reached 5.3 billion yuan (US$662,76 million) and revenue totaled 5.3 billion yuan. This year industrial production value is expected to reach 7 billion yuan with 320 million yuan in revenue, said Zheng.