Tuesday, 18 September 2018

China's Hainan secures 26 foreign investment projects


 
KUALA LUMPUR, Sept 13 (Bernama) -- Hainan Province, China has secured 26 foreign investment projects funded by PWC, Deloitte, Harrow School of the UK, Temasek and other famous enterprises.
The province held the Foreign Investment Promotion Event and Signing Ceremony in Beijing on Sept 6, which attracted 36 foreign investors.
Among the projects involved are tourism, culture, environmental protection, agriculture, medical care, convention and exhibition, logistics and other fields, a statement said.
Foreign businessmen believed that Hainan offers enormous opportunities -- many attendees said their enterprises would settle down there.
Executive Partner of Mazars (Mainland of China), Julie Laulusa said the rise of Hainan in China, or its growing into a world-class free trade zone is just a matter of time. That is why they choose to enter Hainan now.
President of CBRE's North Asia and Chief Executive Officer of Greater China, Ben Duncan said they believed in the future, Hainan will offer many construction opportunities as a free trade port.
Last April, China declared that it will support Hainan Island to build a pilot free trade zone and to construct a free trade port with Chinese characteristics steadily.
Overnight, Hainan has become a much-focused land among investors. Since May, Hainan has issued series of policies and measures to promote investment, such as ‘attracting investment in 100 days’ and further improving business environment.
-- BERNAMA

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