
May. 23, China Knowledge Online,Singapore¨C Jiangxi province officials signed US$6.9 billion in contracts at a Hong Kong trade fair Monday, and said they would support foreign companies that invested in the development of metal mining, steel and infrastructure, or took a strategic stake in related companies.
Officials from the eastern province signed contracts related to 40 projects that will bring a combined US$2.74 billion in foreign investment.
Liu Wenhua, the director of Jiangxi Foreign Trade and Economic Co-operation Bureau's foreign investment promotion division, said the projects included the 131km Nanchang-Jiujiang intercity railway, which would involve an investment of US$900 million.
Liu said a Hong Kong company and a Canadian firm had agreed to invest a combined US$260 million in the railway link.
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