Thursday, 29 October 2009

IE Singapore organises mission to China's Xiamen, Fuzhou

International Enterprise (IE) Singapore is organising a mission to Xiamen and Fuzhou in China to help Singapore-based companies seek business opportunities there.

The mission is held in conjunction with Senior Minister Goh Chok Tong's five-day visit to Fujian province, which starts on Monday.

Besides IE Singapore officials, the 16-strong delegation comprises representatives from 13 companies of various industries, including real estate, food processing and tourism.

The move follows a recent announcement by the Chinese government to transform Fujian into an economic hub that connects the economic powerhouses of the Pearl River Delta and the Yangtze River Delta.

In 2008, Singapore's actual foreign direct investment in Fujian amounted to US$366 million in 37 projects.

In the same year, Singapore was Fujian's fourth largest foreign investor and the top investor among Southeast Asian countries.

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