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2008

News

Director of Nanjing Jiangning ETDZ accused of corruption

25 March 2009
China News Service reported on 23 March that Mr Yang Youlin, General Manager of the Development Corp of Jiangning ETDZ and also the Deputy Director of the Administration of Jiangning ETDZ, had been accused of corruption. He allegedly gave all building contracts to Jiangyu Group, which he controlled, and siphoned off state assets worth a total of Rmb2bn. He also allegedly arranged US citizenships for his wife and daughter. It was not clear from the story whether he had been arrested.

Nanjing Jiangning ETDZ is a favourite with investors. Its location south of the city is convenient for both the airport and the man ring road. It lies 7km from the railway station and 20km from the port. The zone contains an international school, four universities and a large entertainment complex, and is home to more than 450 corporations including Ford, Fiat, Motorola, General Mills, Siemens, Ericsson, Kimberly-Clark, Mitsui and San Miguel.
     
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