Lottemart will invest more in NETDA

| Updated: 2012-10-10 14:20 | |

Zhao Wenbin, vice mayor of Nantong, and Chen Qiang, vice dean of the Nantong Economic and Technological Development Zone administrative committee, granted access to Lottemart corporation's board chairman at Jinshi International Hotel on Sept 18.

Lottemart Corporation in South Korea, as one of the world’s top 500 enterprises, was established in 1967. It is one of South Korea’s top five corporations. Jiangsu Lottemart, under Lottemart Corporation was registered in the Nantong Economic and Technological Development Zone. There are already six chain Lottemart companies in Nantong, with tax payments surpassing 10 million yuan ($1.59 million) in the past five years. Lu Bingrong, representative of Lottemart, took part in the opening ceremony for the 100th chain company established in Nantong. He expressed that his investment intentions will soon be put into practice.

Zhao Wenbin stated that Nantong has advantages in various areas and hoped Lottemart would invest more in Nantong. Nantong’s municipal government and the Nantong Economic and Technological Development Zone will give more emphasis to Nantong’s development.

  • The NETDA Free Trade Zone got the original go-ahead, on Jan 3, 2013, from the State Council, for a 5.29-sq-km area, in two parts.

  • Suzhou-Nantong science & technology industrial park

  • Equipment manufacturing industrial park

  • Urban-rural commercial zone

  • Nengda central business district

  • New materials industrial park

  • Medical treatment & health industrial park

  • Sci-tech industrial park

  • Precision machinery industrial park

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