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Two foreign-funded partnership enterprises introduced to Ningbo Development Zone
- Details
- Category: Ningbo News
- Published: Tuesday, 08 July 2014 09:30
Recently, Shanghai Jiusheng Private Equity Center of Shanghai CCB International and the CCB International (Shanghai) Equity Investment Management Co. Ltd. have jointly set up in Ningbo Economic & Technological Development Zone Tengda-Hicheng Industrial Co. Ltd. and Zhongxiang Engineering Consulting Co. Ltd., achieving a total contractual foreign investment of US$126.67 million. The two companies are the first foreign-invested projects introduced to the Ningbo Development Zone in the form of foreign-invested partnership enterprises, which will lend new impetus to the investment attraction and project introduction.
Both invested by Shanghai Jiusheng Private Equity Center of Shanghai CCB International (a partnership enterprise usually cooperating with enterprises from Hong Kong, Macao and Taiwan) and the CCB International (Shanghai) Equity Investment Management Co. Ltd., Tengda-Haicheng Industrial Co. Ltd. mainly covers business in investment administration and investment consultancy (excluding consultancy on securities and futures), while Zhongxiang Engineering Consulting Co. Ltd. mainly deals with such business as construction cost consulting. It is worth mentioning that the CCB International (Shanghai) Equity Investment Management Co. Ltd. is one of the pilot projects for financial reform and innovation at the Shanghai Free Trade Zone.
