News

Overseas investment for Dagang shoe zone

29/06/2009

A new shoemaking zone is being developed in Dagang Town, China, and new reports suggest new overseas firms are ready to invest in the area.

A firm from Taiwan is set to build a 2,000 square-metre science and technology research building in the area by the end of the year and US shoemaking machinery firm USM Corporation is to invest 500 million yuan ($73.2 million) in the zone.

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