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| ¡¡¡¡Shanghai
Chemical Industry Park is the first industrial zone
specialized in the development of petrochemical
and fine chemistry businesses, and also one of the
four industrial production bases in Shanghai. It
is built with advanced development conception of
World-Class and large-scaled chemical park. It is
to provide investors in the Park with best investment
environment by combination of production projects,
public utilities, logistics, environmental protection
and administration services. SCIP is set out to
be one of the largest and the most integrated and
advanced world petrochemical bases in Asia. |
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Announcement On
Land Price Adjustment by Shanghai Chemical Industry Park Development Co.,
Ltd. (January 1, 2007)
In accordance with the land laws and regulations of People¡¯s Republic of
China and Shanghai Municipality, Shanghai Chemical Industry Park Development
Co., Ltd. (¡°SCIPDC¡±), based on the increment of the actual land development
costs of Shanghai Chemical Industry Park (¡°SCIP¡±) and the reference land
prices of similar regions, decides to increase the land use rights transfer
price of the land in SCIP (covering the costs for development, auxiliary
infrastructures and acquirement of the land rights) by 10% against that
of 2006 from January 1st , 2007, while SCIPDC reserves the rights to adjust
the land price based on the changes in market, policies and laws.
It is hereby announced. |
