Lin-gang handles records of company's overseas investments

The Lin-gang Special Area Administration recently lodged its first archive records of a company's overseas investment projects, in the wake of the Shanghai municipal government granting its approval for the body – located in the special area, in East China's Shanghai – it to handle such matters from Nov 1.

The records were from Shenghang Times International Shipping (Shanghai) Co Ltd, a company set up in the Yangshan Free Trade Zone of the Lin-gang Special Area.

The company is engaged in the bulk liquid hazardous chemicals transportation business. It plans to carry out outward foreign direct investment.

In order to help it achieve its goals, various authorities of the Lin-gang Special Area Administration have cooperated and offered a full range of services to the company.