| Shaanxi Largest Overseas Investment Project Settled in Indonesia |
| Wednesday,June 13,2007 Posted: 06:22 BJT(2222 GMT) MOFCOM Xi’an Office |
Allway Mineral and Science Technology Co., Ltd. Indonesia Su Ba Yin (sound) Project, the largest overseas investment project, went on smoothly, and after such project being put into production, it can not only introduce the mining resources urgently needed by China, but also strengthen the economical and trade cooperation between Shaanxi and Indonesia, promoting the opening level of Shaanxi province. As introduced, Indonesia Su Ba Yin laterite nickel project was so far the largest overseas investment project of Shaanxi province. Allway Mineral and Science Technology Co., Ltd., the principal investor of the project, is an excellent private-owned enterprise in Shaanxi, engaging in nonferrous metals exploration, mining, processing and scientific and technological development of mineral products. The total investment of such project was USD29m. |
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