Shanghai inks foreign investment deals worth US$1.7bil

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SHANGHAI: Twenty-one foreign investment projects were signed Tuesday (Feb 25) in Shanghai's Pudong New Area, with a total contract value of over 1.7 billion U.S. dollars, according to the local authority.

Delivery drivers waiting for residents to collect their parcels at a makeshift checkpoint, set up to control the flow of people, at the entrance to a neighbourhood in Shanghai, China. 21 foreign investment projects were signed on Tuesday in Shanghai's Pudong New Area, with a total contract value of over US$1.7bil, according to the local authority. - Bloomberg

The investment will go to a wide range of fields including supply chain management, smart manufacturing, medical supplies and equipment, and assets management, with projects funded by industry-leading players from the United States, Singapore, Britain, Japan and Switzerland, among others.

 

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Belgique Dernières Nouvelles, Belgique Actualités