China Energy to invest $83.7 billion in West Virginia
http://www.wsaz.com/content/news/China-Energy-signs-837-billion-West-Virginia-investment-agreement-456288953.htmlNov 09, 2017
China Energy Investment Corporation Limited has signed an agreement with the West Virginia Dept. of Commerce on an $83.7 billion plan to invest in shale gas development and chemical manufacturing projects in West Virginia.
The Memoradum of Understanding was signed Thursday in Beijing, witnessed by President Donald Trump and Chinese President Xi Jinping.
West Virginia Secretary of Commerce H. Wood Thrasher and China Energy President Ling Wen signed the MOU.
"This is a great day for the state of West Virginia," Gov. Jim Justice said. "I’ve been saying for the last couple months that the tides are turning in West Virginia and this is proof. Today is another sign as we joined with my good friend President Trump to announce the largest investment in our state’s history."
Sen. Joe Manchin (D-W.Va.) also released a statement Thursday morning, saying, "I am thrilled Secretary Thrasher and China Energy have signed the Memorandum of Understanding today in Beijing. I have always said that West Virginians are the hardest working people in the world. I’m glad China Energy recognizes this and is working with us to create jobs and economic growth in our state."...