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Taiwan Investors Inject over USD6bn in Shandong.

Asia Africa Intelligence Wire

| February 02, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From SinoCast China Business Daily News)

SHANDONG, February 03, SinoCast -- Investors from Taiwan have totally invested over USD 6 billion in Shandong Province.

The economic cooperation between Shandong and Taiwan is increasing these years. Last year, Shandong introduced 554 projects invested by Taiwan investors, with the actual investment of over USD 1.7 billion, an increase of 61 percent over the same period from a year earlier.

As Shandong government ramped up advertisement, many investors were attracted, and over 20 percent of the Taiwan investors in Shandong last year changed their former decisions and made their investment in Shandong last …

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