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EU countries invest and build industrial park in Fuzhou
Updated: 2011-11-23

The project of Jinxinda International Innovation Industrial Park was approved on Nov 15 in Fuzhou, Fujian province.

It is a large industrial park which is invested in and built by Jinxinda Investment Co Ltd together with several other enterprises in Finland and Sweden. The whole investment reached nearly 3 billion yuan.

The project would establish science and technology oriented enterprises as the incubator to set up high-tech manufacturing enterprises and research institutes. These enterprises are co-hosted with Finland, and the projects will make full use of European advanced technology.

The high-tech manufacturing base will be set in the Fuzhou biomedical and electromechanical park. The research and development center, together with the headquarters, will be established in Haixi Park of the new and high-tech industry development zone of Fuzhou as planned.

Jinxinda Investment Co Ltd separately signed a cooperation agreement with TT Asset Management Co Ltd and Iqbal Tex Investment Company in Finland. The two sides will co-operate in the fields of mining technology, smart grid, and information communication technology, educational training, hotel management, high-end manufacturing and technology development.