NETDA's foreign direct investment shines in Nantong

SIASUN is a listed high-tech group which focuses on robotic technology and providing intelligent products and services. This year, the company invested 3 billion yuan to build the SIASUN Nantong Smart Industrial Park in the NETDA. On completion, it will be the largest and most advanced robot manufacturing facility in China. [Photo provided to NETDA] 

The foreign direct investment in the first half in the Nantong Economic & Technological Development Area, or NETDA – located in Nantong, in East China's Jiangsu province – ranked first in the city, according to local media reports on Sept 2. 

In the six months, the NETDA signed up 36 new settled projects contracts, involving a total investment of 40.8 billion yuan ($6.3 billion). Among them, a group of 10 major projects worth over 1 billion yuan were started, with a total investment of 33 billion yuan. 

In addition, during the period paid-in foreign investment amounted to $398 million, up 27.9 percent year-on-year.