Rudong facilitates overseas investments along BRI countries

Rudong county in Nantong, Jiangsu province has been actively assisting local businesses in exploring overseas markets, with a particular focus on countries involved in the Belt and Road Initiative.

Over the past decade, Rudong has seen 22 enterprises carry out 56 projects, achieving a total foreign direct investment of more than $450 million.

To help local businesses understanding the investment landscapes of various countries, the Rudong county bureau of commerce has compiled an investment cooperation guide tailored for Belt and Road countries. The guide encompasses investment policies, environmental considerations, legal regulations, and distinctive industries in all 65 countries along the Belt and Road.

One of the beneficiaries is Zhongtian Technology, a leading enterprise in Rudong when it comes to Belt and Road investment cooperation. The company has established representative offices in 54 countries and regions globally, with a notable presence in 34 countries along the Belt and Road.

Additionally, ZTT has strategically positioned overseas factories in countries participating in the BRI, such as Indonesia, Turkiye, Brazil, and Morocco. The company's products are exported to 160 countries and regions.

So far this year, Rudong has prioritized eight Belt and Road projects and completed overseas investments totaling $12 million, reflecting a remarkable 92.55-percent increase compared to 2022.

ZTT makes an investment in an oversea country. [Photo/Nantong Daily]