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Quake-hit Sichuan draws overseas investment

(Xinhua)
Updated: 2008-09-09 21:34

It said Sichuan's reconstruction provided opportunities for industries in electronic information, manufacturing, energy and gas suppliers, chemical engineering, food and medical supplies.

More investigations had been made by international companies such as computer giant Cisco Systems and Honeywell, a major US conglomerate that produced consumer products, engineering services and aerospace systems.

Accompanied by other organizations, such as the American Red Cross, the companies were led by Skip Kissinger, director of the General Development Office and the United States Agency for International Development (USAID).

Government agency USAID has provided economic and humanitarian assistance worldwide on behalf of the United States for more than 40 years.

Top-level companies, including Dell, Cisco and General Electronic (GE) were also planning to set up Sichuan branches. GE planned to establish a regional headquarter there.

"We are confident with the reconstruction. Some of our members have made plans to enhance the development of quake-hit Sichuan," said Harley Seyedin, AmCham South China chairman.

"The companies will not only help the development of Sichuan but also benefit from the reconstruction," added Governor Huang Xiaoxiang.

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