Jinpu inks 30 projects worth $1.44b

On September 15th, Jinpu New Area held a signing ceremony for investment projects in the third quarter, at which 30 projects with a total investment of 10.5 billion yuan ($1.44 billion) were signed.

These ventures cover a wide range of sectors, including cutting-edge manufacturing, new materials, healthcare, clean energy, automobile parts, trade, services, modern agriculture, cultural tourism, and industrial finance. Notably, 10 key projects received construction permits on-site, highlighting their significance.

From January to July, Jinpu saw a remarkable surge in foreign investment utilization, totaling $653 million - an impressive 561.7 percent increase compared to the previous year. This accounted for a substantial 82.2 percent of the city's total foreign investment.

Looking ahead to January to August, an estimated $658 million in investment is anticipated, marking a substantial 107.6 percent year-on-year growth. Moreover, the influx of actual funds from outside Liaoning province reached an encouraging 35.22 billion yuan, reflecting a notable 35.1percent year-on-year increase.