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With SK Construction (Nanjing) Co., Ltd. solely invested by Korea SK Groups,
one of the "Fortune 500 enterprises" in the world, settling down in Maqun
Science and Technology Park in Xixia district, Nanjing has 86 projects invested
by fortune 500 enterprises in the world. According to incomplete statistic data,
enterprises invested in Nanjing by fortune 500 enterprises paid local taxes of
50 million RMB in total, increasing 27.67% with 10.85 million RMB more than that
in the same period last year, much higher than the amplification of 16% in
economic local taxes involved in foreign affairs in the first two months of this
year.
According to the investigation into the scales of investment, the total
volume of investment in these 86 projects mentioned above reached 6.5 billion
USD in total, covering 17% of total foreign capital over the past years in
Nanjing. With 7.573 million USD as the average volume of investment in each
project, it is 17.4 times of average level in Nanjing. BASF-YPC Co., Ltd.,
invested by Germany BASF Co. Ltd. in 2000, with a total investment of 2.65
billion USD, has become a foreign-invested enterprise of the largest scale in
Nanjing.
In these 86 foreign-invested enterprises, the number of manufacturing
enterprises reaches 69. Compared with manufacturing, the proportion of service
trades invested by fortune 500 enterprises in the world is relatively less.
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