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Panjin finds its niche in building smaller ships

Updated: 2010-02-09

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Benefiting from the national campaign for revitalization of traditional industries in northeast China, launched by the Central government in 2003, and preferential policies from the provincial government, investors will enjoy tax breaks and exemptions onmore than 30 types of administrative fees.

Companies in foreign trade and small- and medium-sized enterprises will receive government funding aid.

In addition to the welcoming climate, the infrastructure of the zone also appeals to investors.

Zone administrators have completed a road network and a power and water supply system over the past year

Access to communication facilities, including wireless communication, cables and a broadband data transmission system, ensures investors in the base a barrier-free environment for information exchange.

Financial and commercial operations will also provide services to satisfy the needs of a growing number of investors.

The base's authorities said they are improving their administrative services, aiming to build a friendly investment environment.

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