The Investment Promotion Meeting of Foshan was convened on the morning of August 8. The meeting disclosed the investment status of the city from January to July and for July alone. The total contracted investment from January to July reached 2591.8 billion yuan, marking a year-on-year growth of 15.69%.

From January to July, Foshan signed a total of 293 projects (8.52% increase) with a contract value of more than 100 million yuan or 10 million USD. Among them, there are 59 major industrial projects with a total investment of 192.293 billion yuan, marking a year-on-year growth of 25.23%.

In July, Foshan signed 26 projects with a total investment of 18.608 billion yuan, including 7 major industrial projects with a total investment of 13.185 billion yuan.

The representatives from each district elaborated updates on key projects, presenting the massive launch of major projects in Foshan. Sanshui District successfully attracted the NEOFOUND High-performance Foam Aluminum New Material Project, with a total investment of 360 million yuan. Shunde District has secured the Runcheng Digital City Project, with a total investment of 152 million yuan.

Chen Xinwen, Director of the Foshan Investment and Promotion Bureau said, starting from August, Foshan will focus on the introduction of projects worth billions. Foshan will continue to expedite project progress through efficient approval processes, while also focusing on establishing long-term collaboration with companies.

Reporter | Eleanor

Revisor | Eddie, Christy

Photo | Zhujiang Times