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95 projects with total investment of over 120 bln yuan

07-08-2008

On the Chongqing State-owned Enterprises' Key Projects Introduction held on July 4, 21 Chongqing-based state-owned enterprises (SOEs) provided 95 projects with a total investment of 126.82 billion yuan, attracting lots of central government-owned enterprises and well-known state-owned enterprises.

Since the development in recent years, Chongqing has completely improved the environment of opening-up and cooperation, especially for the SOEs. Due to their largely increased power, many enterprises home and abroad are attracted to make an investment.

The 95 projects issued by 21 SOEs cover tourism, park construction, industry and others. Among them, 58 projects enjoy an investment of over 100 million yuan individually, 18 projects with an investment of over 1 billion yuan and 2 projects with an investment of over 10 billion yuan. (Translated by Hu Zhenzhen, Fathom Language International)

   

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