(DALIANNEWS) – Port city’s Changxing Industrial Park saw a soaring foreign investment, up 800 per cent in the first quarter this year, statistics with the local Industry and Commerce Bureau said Wednesday, April 24, 2008.

The park, with 54 overseas companies brought in, has jump to the top in foreign investment settlement and development speed in the 1st quarter.

The actual utilized capital, US$ 1.58 million takes up of 31 per cent of the total of the city’s foreign companies.

As to the investment countries, Japanese and South Korean enterprises, respectively 15, top the list.

South Korea- based STX and its sub- companies, shipbuilding, heavy industry, Engine has poured US$ 90 million to set up a real estate firm, dealing with construction on facilities and apartments for home and commercial uses.

(Editor: Caroline)　(From: DALIANNEWS.COM)