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Contracts worth US$1.29b signed
Latest Updated by 2003-09-22 11:27:41

Huizhou held ceremonies Thursday (September 18th) and Friday for the Daya Bay's signing of 43 investment projects, totaling US$1.29 billion.

More than 60 percent of the projects were related to the petroleum industry, the Southern Metropolitan News reported.

Daya Bay will build a petroleum industry town with an area of 27.8 kilometers, the report said.

Four large projects costing 60 billion yuan (US$7.2 billion) are already under construction. They could yield tax revenues of more than 600 million yuan for Huizhou after production begins.

In the coming eight to 10 years, more than 100 billion will be invested in the Daya Bay's infrastructure.
 
Editor: Catherine

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