SIP Leads the Municipality in Fixed Asset Investment

Suzhou China http://www.suzhou.gov.cn (2/29/2008)

The year 2007 saw vigorous advancement in all-round construction of the new eastern city, and SIP continued to take the lead in the total volume of fixed asset investment. The completed fixed asset investment amounted to a total of 41.6 billion RMB, with an increase of 14.5% over that of the previous year. The investment structure was further optimized with infrastructure taking up 29% (12.1 billion RMB), industrial project 41% (17 billion RMB), and real estate development 30% (12.5 billion RMB).

In 2008, SIP will strive to fulfill over 50 billion fixed asset investment, in which urban infrastructure and utilities will comprise 10 billion RMB, industrial projects 17 billion RMB, and real estate development 10 billion RMB. Construction will commence for a total construction area of 12 million square meters, 45 kilometers of roads and bridges, and 5 million square meters of green grounds in the new year.


(Õª×ÔSipac)


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