Up to the end of 2003, over 180 enterprises with exclusive foreign capital had been authorized. The contractual foreign investment had reached 200 millions dollars and the foreign Investment actually utilized was about 299 million dollars. The foreign investment from Japan, Singapore and other 22 countries and areas involves in different fields including clothing, textile, machinery, electronic products, food processing, agricultural and subsidiary products processing. The foreign-capital enterprises engaged nearly 9,000 people while the amount of their tax payment is about 1/3 of the total amount of the county.
Falmac Machinery Manufacture Co.,Ltd have accumulately invested more than 25 million US dollars. Tenjinzama Garment Co. Ltd and Ishimoto Food Processing Company have been selected as the best foreign-capital enterprises in Tianjin continuously.
Ninghe economic development zo ne was founded in 1992 through affirmation of the municipal government. After more than ten years¡¯ development, by the end of 2003, the number of the companies in the zone totally was 119, including 36 foreign-capital enterprises.
The accumulate value of the fixed asset investment was about 1.47 billion Yuan, The contractual foreign investment had reached 103 million US dollars, 81.4 million US dollars was ready to be used. The total tax revenue was about 253 million Yuan. More than 7,000 people found their job in the zone. HongNing Machinery Manufacture company, Lutai Cosmetics Company (a branch company of YuMeijing group, Tianjin SanLu Milk Product Company(one production base of Sanlu Group) grew stronger unceasingly.
We keep attracting the domestic capital through the internal integration and we kept the momentum of growth potently in recent years. Every year we attract about over 300 million Yuan from other places outsid e the county, the investment of the fixed asset is over 100 million Yuan. A batch of investment projects with an enormous sum of money and good prospects have settled down in Ninghe.