Foreign funding finds right formula in ETDA
By Zhao Ruixue | China Daily | Updated: 2008-06-18 07:56
One of the world's biggest alumina producers is among the range of foreign firms ramping up investment in the Qingdao Economic and Technological Development Area (ETDA) to benefit from the port city's infrastructure and investment climate.
Almatis Inc recently stepped up spending on its Qingdao branch with a $36 million investment to enlarge its production facility in the ETDA.
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