48 of World's top 500 enterprises have invested in Xiamen

Updated: 06 Feb 2010
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48 of World’s top 500 enterprises have invested in the city of Xiamen as of the end of last year, involving 87 projects and a total investment of over $ 3.8 billion, according to Mr. Hong Benzhu, deputy director of the Xiamen Foreign Investment Bureau in his special communication with the Xiamen mayor on Thursday.
 
The contractual foreign capital in Xiamen reached $ 377 million this January, more than double that of last January.
 
The total amount of foreign capital actually used reached $ 240 million this January, a year-on-year increase of 20%.
 
Mr. Hong also revealed that the city plans to hire “overseas investment advisers” to help attract foreign investments. These talents are not only familiar with Xiamen, but also familiar with international capital flows and the related industries, thus it is beneficial to attract leading enterprises from Europe, the United States, Japan and South Korea to invest in Xiamen.
 
The detailed measures are currently waiting for approval and expected to be launched in the first half of the year, Mr. Hong said.
 
Translated by WOXnews.com
SOURCE Link: Xiamen Economic Daily
 
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