English->News->Business

    
CIMC to invest US$ 1 bln in Changxing Island
 BY  2008-05-09 10:03:39

(DALIANNEWS) –China International Marine Containers (Group) Ltd. (CIMC) will build world- class equipment manufacturing company in the port city of Dalian and will continue seeking more potential development opportunity, said Mai Boliang, president with CIMC, Shenzhen, south China’s Guangdong Province, May 8, 2008.

He made the remarks at a meet with visiting Dalian mayor Xia Deren.

CIMC will pour US$ one billion into the oceanic engineering program at Changxing Island Industrial Zone of the port city this year, including production of automatic artesian well platform, artesian well vessel and half- latent platform.

It’s been the biggest investment in the industrial zone since the STX’s.

The CIMC’s plan said the annual revenue for branches in Dalian would reach 9.5 billion RMB yuan in 2012.

(Editor: Caroline) (From: DALIANNEWS)

Print This Article
Go to Another Section
Related Articles
Also Today
DIECF to kick off in Dalian
Chamber of Hong Kong Computer on a tour
Internet broad band users reached 759,000 in Dalian
Construction on Dalian plant proceeds smoothly
Foreign investment in Changxing Industrial Park soared

Copyright © Runsky.com. All rights reserved.