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SNAPSHOT SICHUAN: Fourth in a Series of Sector AnalysesAs part of the Multilateral Investment Guarantee Agency’s Enterprise Benchmarking Program (EBP), a study was conducted in the southwestern Chinese province of Sichuan among five industries to compare the operating costs and conditions for investors located in ten municipalities. The five industries – chemicals, electronics, food processing, machinery and machine building, and pharmaceuticals and traditional medicine – were chosen based on their current and expected importance to the economic development of Sichuan. The first benchmarking exercise conducted by MIGA at the provincial level, the study relied heavily on interviews with actual investors to: Average labor, utility and real estate costs for investors operating in Sichuan were also compared to those for a group of cities outside the province, including Beijing, Guangzhou and Shanghai on the coast, and the interior city of Wuhan. Snapshot Sichuan, published in March 2006, reports the study’s findings for the province as a whole, by sector and by municipality, including Chengdu, Deyang, Leshan, Luzhou, Mianyang, Nanchong, Panzhihua, Suining, Yibin and Zigong. The study’s methodology follows the benchmarking approach commonly used by global investors in evaluating sites. The Sichuan EBP was developed to assist the Sichuan Investment Promotion Bureau and its municipal bureaus in understanding their comparative advantages for attracting investment. The study was a collaborative effort between MIGA and the China Project Development Facility, a multi-donor advisory facility for small and medium-sized enterprises operated by the International Finance Corporation of the World Bank Group. MIGA's techncial assistance unit has since been merged into FIAS.
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