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SIP becomes Jiangsu’s first and only provincial-level FIE headquarters cluster

Date:2022-05-19 10:10:37|Source:|Font Size: AAA

SIP was declared a “Provincial-level Foreign-invested Enterprise Headquarters Cluster” at the Online Signing Ceremony for Foreign-invested Projects cum Foreign-invested Headquarters Awarding held by the People’s Government of East China’s Jiangsu province on May 16, becoming the first and only recipient of this honor so far in the province.

Concurrently, 12 multinationals’ regional headquarters and functional organizations in SIP received honors, and Philips, AU Optronics and several other enterprises signed agreements online to land their R&D, manufacturing and other operation facilities in SIP.

It is learnt that, thanks to consistent endeavor over the past 20 years, SIP has become the most robust FIE headquarters cluster in Jiangsu, with about 5,000 FIEs from more than 90 countries, including 166 projects invested by 101 Fortune 500 enterprises. The diversified types of business operations in this cluster have played an important role in helping boost local economic growth.

May 17, 2022

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