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Magotteaux Alloyed Material Co. Goes into Operation

The Belgium-invested Magotteaux Alloyed Material (Suzhou) Co., Ltd. held a grand opening ceremony in SIP on Nov. 5.

The company is manufacturing enterprise of new types of alloy materials, jointed invested by Magotteaux Company, International Investment Company of Belgium, and China-Belgium Direct Stock Investment Fund. The establishment of the plant shows the support of the central government and Wallon State government of Belgium for investment in China by Belgium enterprises and their recognition of the investment climate in SIP.

Among the attendees of the opening ceremony were Mr. Marcourt, Minister of External Economy and Labor, Minister Simona of New Tedhnology Research, and Belgium Consul General in Shanghai, and responsible members of Sipac.

Nov. 6, 2006


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