DALIAN CHINA DALIAN CHINA
The Actual Utilization of Foreign Capital in the Jinpu New Area in 2017 Realized a Year-on-Year Growth of 50.02%
2018-01-08

 

 

The actual utilization of foreign capital in the New Area in 2017 reached $ 2 billion, with year-on-year growth of 50.02 percent.

 

In 2017 in Jinpu New Area, there were 51 foreign-invested enterprises approved, with total investment of $ 460 million and registered capital of $ 400 million; 30 capital-brought projects were approved, with investment of $ 2.77 billion, and registered capital of $ 770 million. In addition, 31 foreign investment projects were approved, with total investment in fixed assets reaching RMB 10.5 billion.

 

In 2017, robust development and opening swept across the new area;8 foreign-invested projects was contracted there, including Meizhien (Dalian) International Maternity Hospital, Otema New Factory and Hyde International Medical Center, with total investment of $ 380 million; and 8 foreign-invested projects including Thyssen Krupp Technology Center, Meyer(Dalian) Automotive Brake parts, Pfizer Pharma Phase II, Ipaq Technology New Factory, Berd Leather New Factory, Fuji Iceberg Vending Machine No.2 Factory, Fengshu(Dalian) Modern Industrial Park and Basil Polyolefin were completed and put into production, with total investment of & 370 million. Besides, 11 key foreign projects were under discussion in the new area, with estimated total investment of $ 10.44 billion.

 

In 2017, the new area focused on the introduction of hi-tech projects for emerging industries, high-end products projects for traditional industries, regional headquarter projects in multinational companies, emerging projects in modern services, etc. Among delightful projects were Borg Warner Phase II project of total investment of $ 200 million, with main production of core components in dual clutch automatic transmission; and the second phase of Sino-Germany Linder Dahua Air Separation project with annual output value of about RMB 350 million…The contraction, construction and production of these major projects will become strong engine for economic growth, industry agglomeration, an SciTech innovation in the new area.