Huai'an China News and Events
Huai'an Remarkable Achievements Made in Introducing Agricultural Foreign Investment
time:2020-03-16

In recent years, Huai'an has insisted on introducing foreign investment as an important approach for the development of modern agriculture. The city actively explores introduction channels and expand investment scales, strengthens project management in foreign capital utilization and accelerates the process of agricultural standardization. With a good investment environment, Huai'an agriculture has made remarkable achievements. According to the latest data, in 2019, Huai'an has set up 271 agricultural foreign investment projects with a total investment of 2.835 billion US dollars, accounting for 33.8% of the whole province's, and its actual utilization of foreign investment ranks first in Jiangsu.

Huai'an continues to attract investment of foreign funds and enhance services for agricultural projects. It has successively introduced a number of major agricultural projects such as Quanwen Modern Agriculture, Huangda Flowers, Organic Ecological Agriculture and Baohanlian Comprehensive Agricultural Tourism, with a total investment of 180 million, 50 million, 46 million and 31 million US dollars respectively, as well as many food projects from the well-known Taiwanese brands such as Want Want and Tingyi Holding Corp. These foreign-funded agricultural projects has maintained a good growth in quantity, volume and quality.