PRESIDENT Jiang Zemin visited five investment projects yesterday funded by Hong Kong and Taiwan investors on the last day of his three-day tour of Shantou. Shantou Vice-Mayor Guo Sikun said Mr Jiang chaired a ribbon-cutting ceremony for 36 investment projects and had visited five bigger projects on site. 'Mr Jiang visited a 200 million-yuan [HK$186 million] computer hi-tech company invested by a Taiwan businessman. He also inspected the deep-water harbour at Huangshu Wei,' Mr Guo said. 'Shantou lacks a deep-water passage, the deep-water harbour will be beneficial to the economic development of the area,' Mr Guo quoted Mr Jiang as saying. Mr Guo added that Mr Jiang had inspected the new power plant developed by Huaneng National Power Corp on the south coast of Shantou. Mr Guo believed it was a coincidence that President Jiang visited Guangdong twice within a month. But he said this showed the support the central authorities had for the province. During his visit President Jiang assured Hong Kong businessmen that China's economic policies will remain stable and encouraged them to continue to invest in the area when he met a group of Hong Kong tycoons in Shantou. Mr Guo said Mr Jiang on Thursday night met Hong Kong businessmen who were originally from Shantou. They included Li Ka-shing of Cheung Kong Property, Lim Por-yen of Lai Sun Garment, Liu Lit-for of Liu Chong Hing Bank and Chuang Shih-ping of Nanyang Commercial Bank. Mr Guo said Mr Jiang was scheduled to leave Shantou last night and return to Beijing.