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Qingpu EPZ and Schlumberger signed an investment for second phrase item in Qingpu

    Qingpu EPZ and Schlumberger signed an investment for second phrase item in Qingpu

    Schlumberger, a world top 500 company, successfully signed an investment for second phrase item with Qingpu Export Processing Zone, Shanghai, on Oct. 10th, 2006. This symbolized that a producing base of Schlumberger in Qingpu was preliminary taking form.

    Adding to this item, the direct investment of Schlumberger in Qingpu has reached $US 8.5 M and the total $US 17M.at present,the first phrase project has put into production and its export will be $US 50M. The second phrase project is under construction now. It is estimated that the export will exceed $US 100M per year after both projects are completed.

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