SDB Invested 0.5 bln to Xining Economic Zone |
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http://www.qhnews.com ¡¡
2005-01-17 13:42
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QHNEWS--Starting from 2004,the State's Development Bank (SDB) will invest 0.5 bln yuan by 3 stages in Xining developing zone to support the construction .
0.2 bln has been invested this year. The accumulative total investment in Xining Sci/Tech Developing Zone has got to 1.18 bln yuan since its founding on July.3,2000, creating a total industrial output value of 0.45 bln yuan.
The first stage project of the central square of business affairs has been finished and been put to use.
The road afforesting project and the administrative mansion which is operated with the market model have been finished.
To quicken the construction step, the developing zone keeps ties with financial departments as the State Development Band in recent two years.
In 2002, the developing zone got a loan of 0.1 bln yuan from SDB and signed a 0.5 bln yuan loan contract for the fundamental construction last year.
The fund supportion to the developing zone not only solves the money problem, but also greatly improves the investment environment in the developing zone.
It¡¯s known that the developing zone will complete a 0.7 bln yuan fixed-assets and a 0.5 bln yuan total industrial output value in 2004. Editem (Feb. 17, 2004)
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