News
 
TEDA Absorbed 405 Million Dollars of Contracted Overseas Investment in Februbary
 
2010-03-10
 

In Feb. eight new foreign-funded enterprises were registered, and five ones added investment in TEDA. Total investment reached 537 million dollars, contracted foreign investment 405 million dollars and actually funded investment 160 million dollars. 39 new domestic-funded ones were registered, with their total registered capital amounting to 450 million yuan.

In the year TEDA approved 20 new foreign-funded projects and 26 investment increase projects, with their total investment (including investment increase) totaling 1.1 billion dollars, contracted foreign investment 824 million dollars, and actual utilized foreign investment 460 million dollars. Its total investment and actually funded investment rose by 7.21% and 19.8% respectively over the previous year. Altogether 79 new domestic-funded enterprises were registered in the year, with their total registered capital up to 1.556 billion yuan. Six foreign-funded projects had each of their contracted foreign investment over 10 million dollars. Many enterprises such as Tianjin Samsung LED, Tianjin Otsuka Beverage Co., Ltd, Tianjin-Qinghuangdao Passenger Dedicated Railway Co., Ltd., etc. injected new investments, effectively promoting the upgrading of products and industrial structure in TEDA.

So far 4,754 foreign-funded enterprises have been accumulatively approved in TEDA, with their total investment up to 54.896 billion dollars, contracted foreign investment 41.361 billion dollars, and actually funded investment 23.008 billion dollars. 8,888 domestic-funded enterprises have been accumulatively registered in TEDA, with their registered capital up to 133.822 billion yuan.