Global Chinese Technology Company Creates Jobs In Ontario
October 31, 2010
Premier McGuinty Partners With Huawei To Invest In Ottawa Research And Development Centre
Left to Right: The Honourable Michael Chan, Minister of Tourism and Culture, Ontario, Mark Ceolin, Chairman, Canadian Chamber of Commerce, Shanghai, Karen Cvornyek, President Asia, B+H Architects, The Honourable Dalton McGuinty, Premier of Ontario, The Honourable Sandra Pupatello, Minister of Economic Development and Trade, Ontario. (CNW Group/B+H Architects):.Photo CNW
One of the world’s leading telecommunications technology companies today announced a major investment in its Ottawa research and development centre.
Huawei made the announcement following a meeting with Premier Dalton McGuinty in Shanghai as part of his mission to China. Huawei will invest $67 million, including a $6.5-million grant from Ontario. The investment will help create 164 new jobs over five years.
Earlier, Premier McGuinty, Minister of Economic Development and Trade, Sandra Pupatello, and Minister of Tourism and Culture, Michael Chan, toured the B + H Architects office in Shanghai. Based in Toronto, B + H Architects participated in the Premier’s trade mission to China in 2005 and have had success world wide.
The Premier also hosted a reception where he met with potential investors and partners who are interested in Ontario’s expertise in green energy and other clean technologies. Working to attract international investment and high-value jobs is part of the government’s five-year Open Ontario Plan.
QUICK FACTS
- China’s central government is investing about $500 billion in energy efficiency projects across the country.
- The environmental industry in China is growing at a rate of 20 per cent annually, thanks in large part to the government’s commitment to sustainable growth
- China is investing $175 billion in environmental protection between 2006 and 2010.
