China Invites Investment for Olympic Projects

Home>>Business

Last updated at: (Beijing Time) Tuesday, April 30, 2002

China Invites Investment for Olympic Projects

China is seeking investment for the construction of 11 Olympic projects in Qingdao, a coastal city in east China's Shandong Province.

DISCUSSION

CHINESE

SEND TO FRIEND

China is seeking investment for the construction of 11 Olympic projects in Qingdao, a coastal city in east China's Shandong Province.

The city will host boating events during the 2008 Beijing Olympic Games.

At a two-day investment promotion fair that opened on Monday in Shenzhen in south China's Guangdong Province, Qingdao listed 372 projects which are estimated to cost 8.7 billion U.S. dollars.

These projects include 11 Olympic facilities, such as an Olympic sporting center on the water, the Olympic Games Village, a dock capable of handling overseas ships of 10,000 dead weight tonnage, an international boating club, an international conference center, an international tourism and holiday hotel and an Olympic square, according to Deputy Mayor Liu Jianhua.

He added that in the first day of the fair, Qingdao signed cooperation agreements with overseas businessmen for 14 projects involving a total investment of 590 million U.S. dollars.

Questions?Comments? Click here

Beijing Inject 36.2 Billion-yuan for 60 Major Construction Projects in 2002

Environment Projects for 2008 Games Open to Bids

Beijing's Olympic Win Attracts More Foreign Investment to China

China's First Magnetic Suspension Test Track Built ( 4 Messages)

"Washington Times" at Anti-China Tricks Again ( 5 Messages)

Know Who to Love, Who to Hate ( 65 Messages)

Jiang Calls for Joint Efforts Towards Growth of Sino-US Ties ( 13 Messages)

Protests Prompt Retailer to Pull T-shirts Mocking Chinese-Americans ( 149 Messages)