Atlanta Business News 8:00 a.m. Saturday, December 5, 2009

Chinese business incubator to open in Atlantic Station

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The Atlanta Journal-Constitution

A Chinese business incubator/marketing center is set to open Dec. 14 in Atlantic Station.

Two years after its ballyhooed announcement, Chinamex will cut the ribbon on a scaled-back U.S. headquarters at 201 17th Street.

Chinamex, a Beijing-based, government-sanctioned, business development company, will help Chinese companies expand in Georgia, the United States and Latin America. It runs similar operations in Dubai and Amsterdam.

Three dozen small and medium-size Chinese companies — diamond cutters, silk producers, precision drill makers, canned food exporters — will have representatives at the Midtown complex.

The China Hubei Enterprises Marketing Center will also set up shop alongside Chinamex.

Chinamex announced its U.S. headquarters in late 2007. At the time, thousands of jobs and hundreds of millions of dollars worth of Chinese direct investment were anticipated one day.



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