BIIP holds the investment promotion meeting



On the morning of April 26, BIIP held a meeting for drumming up investment. Li Baowei, the deputy director of Beijing Investment Promotion Bureau, Hong Qizhong, deputy head of Changping District, and leaders from the Development and Reform Commission of Changping District, the Administration Committee of Changping Science and Technology Park and the street office of Huilongguan Town attended the meeting. More than two hundred people from almost sixty enterprises also joined the meeting. Two enterprises signed agreements on moving into the base, and the expected total investment amount is over 100 million yuan.

At the meeting, Liu Qun, vice executive president of BIIP, introduced the detailed information of the industry base. The investment drumming-up of nearly one thousand mu of the first-phase land has been almost finished, and the phase II construction starts soon. Eleven high and new technology companies have entered into the park including PetroChina International Limited (one of the world top 500 enterprises), Taiwan Fu Sheng Machinery Co., Ltd., Hong Kong Far East Defond Company and so forth. Six enterprises of them started construction and put into production in 2004, and they turned in tax of nearly twenty million yuan. Fu Sheng Machinery realized a sale of 24 million yuan, one and a half times of the sale of last year. Linyang Intelligent realized a sale of twenty million yuan, four times of the sale of last year. These enterprises are characterized in high level, high technology and high benefit and are welcomed by the local government.

Compared with other industry zones, BIIP not only provides a garden-type industry base with agreeable environment and complete facilities, but also provides a series of comprehensive service for improving sustainability of enterprises. Depending on the rich advantages of governments, embassies and consulates, Fortune 500 enterprises, international commercial associations, investment fund and so on, the industry base offers investment consultation, loan guarantee, administration consultation, commercial facilities, entertainment, logistics and property management.

At the meeting, the leader of Fu Sheng Machinery, on behalf of other companies that have joined in the park, introduced the advantages and promotion that the base has brought to the entered companies.

Leaders from the city, county, town and related administrations fully affirmed the construction speed, quality of entered enterprises, park environment, tax and other aspects of BIIP, and promised to continue to give support and help for the future construction. If enterprise makes fortunes, local economy will be boosted.

While visiting the industry base, Sun Mang, the Sales Director, introduced the construction situation and investment promotion of the first phase, as well as phase II plan and layout. He answered some questions of common concerns on land price, construction service and affiliated commercial facilities. Four enterprises showed great interests of moving into the park.

Construction planning institutes, heating equipment providers and related service providers were also invited to attend the investment promotion meeting.