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Kunshan ETDZ Makes A Good Beginning in Inviting Investments , 31 New Foreign Funded Projects Proved in the 1st Quarter

2008-04-07

In the first quarter ,31 foreign invested projects were approved in Kunshan ETDZ , while 47 existing foreign projects increased capital , realizing a registered foreign capital of 581 million dollars and actually accounted capital of 274 million , thus finishing 64% and 47% of the overall objective of the year respectively and making a good beginning in inviting investments . 

The achievements mainly demonstrated in the following aspects, first further centralization of photoelectricity projects.  The 4 projects with registered capital of over 10million dollars in the newly proved 31  were all in the photoelectricity industry , which were Kunshan Ruilian Electric Machinery Co. Ltd. ,  Kunshan Liuming Photoelectricity Co. Ltd, Kunshan Yuanteng Electronics Co Ltd , and Xinnaipu Photoelectricity£¨Kunshan) Co. Ltd , the total registered capital of which reached 100 million dollars , accounting for 75.8% of the that of all the newly proved projects .  ¶þSecond , sound development of the service industry .  11 service projects go approval in first quarter with a total registered foreign capital of 14.68 million dollars  , covering areas like trade , software, consultation and logistics .  Third , capital increase in existing enterprises .   enterprises increased their capital  in first quarter by 449 million dollars . Longteng Photoelectricity increased its registered capital by 172 milliojn dollars , South Asia Glass Cloth ( Kunshan ) CO. Ltd  30 million , South Asia Copper Foil£¨Kunshan) Co . Ltd 38 million and South Asia Epoxy( Kunshan) Co .Ltd 28 million dollars . The total   increased capital by the four companies accounted for 59.7% of the gross  amount . 

 


 
    
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