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Taiwan entrepreneur expands investment in Qingyuan
Latest Updated by 2004-07-13 16:33:41

Yingde Cement Co., Ltd. in Qingyuan, North Guangdong witness an expansion of investment up to 129 million USD by its Taiwan investor on the Guangdong, Taiwan Technology and Economic Trade Fair held in Zhaoqing, central Guangdong on Jul 6-8.

Until now, the firm, which settled in Qingyuan not long ago, has a total investment valued at 153 million USD.

Qingyuan locates at the juncture of the relatively under-development mountain areas of North Guangdong and the prosperous Pearl River Delta, and is about an hour's drive from Guangzhou. From 1993, Qingyuan has seen a rapid economic rise with a number of Taiwan entrepreneurs inject and expand their investment here.

Editor: Donald

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