Contracts of 54 foreign-funded projects signed in Nanjing Updated: 2006-09-29 13:53

NANJING - On September 21, contracts of 54 foreign-funded projects with
the average investment of over USD 10 million were signed in Nanjing
International Exhibition Center. The total investment of these projects has
reached USD 1.74 billion with foreign capitals on agreements of USD 730
million.
As informed, among these 54 projects, the number with the investment of over
USD 30 million is 26, hence increasing 53% as compared with that at last "Golden
Autumn Economic and Trade Fair". At the same time, 15 projects among these
large-scale ones are related to service sector, twice as many as that at last
one.
As introduced, among these projects, 23 are related to service sector, hence
occupying 43% of all. Among these 23 ones, 11 are involved in insurance, modern
logistics, software research and development as well as cultural originality.
In addition, the number of modern manufacturing has reached 28, hence
occupying 52% of all. Among these 28 ones, the rate of new high-tech ones has
reached 54%, hence increasing eight percentage points as compared with that at
last one.
Especially, among these 54 projects, three ones are related to fundamental
construction including the research and development of metro trains for Nanjing
Puzhen Urban Railway Company, the supply and waste-water plants for Nanjing
Pengyao Water Co., Ltd. as well as the fifth phase of Longtan
Port.
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