TEDA Celebrates 22nd Birthday

The Modern Trolley Car Highlights the Celebration

TIANJIN, China, Dec. 6 /Xinhua-PRNewswire/ -- December 6, 2006 is the 22nd anniversary of the founding of TEDA. Unlike the lively ceremony held in the past, the great day was highlighted by celebrating the availability of the modern guided trolley. As the supporting parts of the modern guided trolley project (reconstruction of the Dongting Road, Zhenhai Bridge and Jingshan Bridge), TEDA's "two bridges and one road" project is also completed for use on the same day.

The modern guided trolley project and its supporting "two bridges and one road" project will improve the transport environment in TEDA, help its internal transport system, integrated with that of the Binhai New Area, and promote communication between the New Area and urban areas, thus enhancing its function as a carrier.

Three lines will be built, in three phases, under the modern guided trolley project that will utilize the rubber-wheeled LRT, developed by Lohr of France. This will represent an integration of the advantages of both buses and wheel-track LRT, which is popular in Western Europe, but rare in China. The new project will be characterized by its advantages including energy saving, environmental protection, pollution free, low noise emissions, convenient, fast and human oriented. With the track embedded into the ground and the groove cushioned with high-tech rubber, the wheels make little vibration and noise and generate little damage to the road surface when running at high speeds.

About Tianjin Economic-Technological Development Area (TEDA)

Tianjin Economic-Technological Development Area (TEDA) was established in 1984 with the approval of the State Council of the People's Republic of China. It is one of the first state-class economic-technological development areas in the country.

TEDA is located in the center of a larger area bordering Bohai Sea and the east of the Asia-Europe Land Bridge, thus serving as the gate to the two super cities of Beijing and Tianjin, and the throat connecting the northeast of China. By the end of 2005, 4,067 foreign companies have landed in TEDA. Of the Fortune 500 companies, 57 multinational companies, from 10 countries and regions, including such well-established multinational giants as Motorola, Samsung and Toyota, invested in 123 enterprises in TEDA. In 2000, "Fortune" listed TEDA as one of the most highly recommended economic areas in China. In 2002 UNIDO listed TEDA as one of the most dynamic areas of China together with Shenzhen, Suzhou, Wenzhou, Shanghai Pudong and Xi'an High-tech Park.

For more information, please visit: http://www.investteda.org/ .