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Project stimulates Daya Bay's economic growth
Latest Updated by 2004-03-09 17:13:05

South China Sea Petrochemical Project co-invested by China National Offshore Oil Corp. (CNOOC) and Shell catalyses the fast economic growth of Huizhou Daya Bay Economic and Development Zone in 2003.

The CNOOC and Shell's on-building petrochemicals complex in Daya Bay, involving an investment of 4.3 billion US Dollars, is the largest Sino-foreign joint venture project to date in China.

Statistics of Daya Bay Economic and Development Zone 2003

Index

Sum

Increase rate compared with last year

Gross Domestic Product (GDP)

3.502 billion yuan

86.8%

Gross Output Value of Industry

3.729 billion yuan

50.38%

Cargos handled in Huizhou Port

10.5 million tons

14.74%

Tax revenue

3.323 billion yuan

54.34%

Actual-utilized foreign investment

502 million USD

220%

Total revenue

319 million yuan

68.51%

General budget revenue

267 million yuan

103.27%

Total Investment in Fixed Assets

10.8 billion yuan

550%

Editor: Donald

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