Yantai Economic & Technology Development Area(烟台经济技术开发区)
Yantai Economic and Technology Development Area |
Established in 1984, Yantai Economic & Technology Development Area (YEDA) is one of the 14 first national-level development zones in the country. Located beside the Yellow Sea, YEDA covers a planned area of 220 square kilometers, with a population of 400,000.
In additional to its core strengths in machinery manufacturing and information technology, YEDA has a number of other industries including automobile and component parts, equipment manufacturing, biomedicine, new materials and new photoelectricity.
A great number of foreign enterprises from the U.S., Japan, Singapore, South Korea, Germany, the U.K., Canada, New Zealand and other countries and regions have made investments in YEDA. Well-known companies located in the area include General Electric, Henkel and Phelps Dodge.
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