Hong Kong Is Investing Over 1 Billion Dollars for Rizhao City Project

2010 Shandong Province – Hong Kong International Trade Fair was held in the Hong Kong Convention and Exhibition Centre on the afternoon of May 11. At the opening ceremony, Hong Kong signed 4 cooperation projects with Rizhao city in Shandong province, and the total investments on the projects reach 1.226 billion dollars.

Zeng Junhua, the financial secretary of Hong Kong Special Administration Region (HKSAR) and Jiang Daming, Shandong Provincial Grand Master made a speech respectively. The Shandong Province – Hong Kong International Trade Fair aims to further promote the image of Shandong province (http://www.chinatouronline.com/china-travel/shandong-pro …), continue to deepen the overall cooperation of the two places and has a great significance on promoting steady and rapid development of the economic social and building a cooperation platform.

Wan Tong, the deputy mayor of Rizhao city, as a representative of the Rizhao Municipal Government signed the cooperation contract with Hong Kong (http://www.chinatouronline.com/china-travel/hongkong.html ) enterprise on the project of the wind resources development. The development areas are located in Juxian and Wulian County in Shandong province and a wind farm with the scale of 600 thousands kilowatts will be established in the two areas, the total investments of the project reach 0.8 billion dollars. The other three projects are on joint construction of a grain production base, a woodenware processing base and a logistics park.

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