Recently, Tencent, Inc. and the government of Chengdu officially signed a cooperation agreement with a total investment of 550 million yuan.
Ge Honglin, mayor of Chengdu, said: "Tencent is the first enterprise to invest in Sichuan after the disaster. Investment in disaster areas for economic development is the best support for reconstruction."
According to the agreement, the 550 million yuan-investment project will be located at Tianfu Software Park Phase 2 in Chengdu's high-tech district; and the total construction area will cover 48,000 square meters, including the Tencent's Chengdu R & D center, information processing center and customer service center. Tencent's Chengdu branch is expected to be the company hub in Southwest China; and obtain 1,500 personnel within the next three years.
Chen Yidan, CAO and major co-founder of Tencent, Inc., said that the Wenchuan earthquake has caused very serious losses throughout Sichuan Province; and any enterprise coming into Sichuan with investment would strongly support reconstruction. Tencent establishing R & D and service centers in Chengdu means it has taken practical action to help disaster areas.
Tencent, Inc. had already raised 40 million yuan for disaster areas before investment.
By People's Daily Online
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