After fulfilling the task of attracting investment last year, Changzhou National Hi-Tech District (CND) first brought in two projects with a total investment of $94.98 million this year. The signing ceremony was held on January 8 with the presence of Fang Guoqiang, deputy mayor of Changzhou.

The projects will locate in Binjiang Economic Development Zone. With the registered capital of $30 million, the Hong Kong Effv Hazardous Materials Storage Logistics Project will invest $49.98 million for down payment, which plans to introduce advanced international technology and build a new storage logistics base with high quality.

The Hong Kong Keentop International Group Limited will invest $45 million for down payment, with the registered capital of $15 million. The group specializes in the production and marketing of high-quality paper packaging materials and will develop new building materials made from paper, with its products covering auto parts, machinery and other industries.