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Thirty-two new industrial projects to locate in Zhuhai

2020-May-28       Source: Chinadaily.com.cn

Agreements were signed on May 26 for industrial enterprises valued at 56.7 billion yuan ($8 billion) in all to locate plants in all three districts and five economic zones of Zhuhai.

Agreements were signed on May 26 for industrial enterprises valued at 56.7 billion yuan ($8 billion) in all to locate plants in all three districts and five economic zones of Zhuhai.

The 32 projects involve equipment manufacture, electronic information, biomedicine, new materials, cultural tourism, and modern services.

Among them, Phoenix Valley of Shenzhen-based Overseas Chinese Town (OCT) Group will build a 15-billion-yuan ($2-billion) complex on the former site of Agricultural Paradise at the foot of Fenghuang Mt in Qianshan, Xiangzhou District. It is a likely national AAAAA-level tourism resort that integrates cultural and historic education, mountain sports, non-electric amusement facilities, business, and family leisure.

The first section of Phoenix Valley will contain Happy Times, Childre's Exploration, and Military Mountain Adventure amusement parks, and a mountain resort hotel. Coming next are a fantasy adventure valley, "extreme exploration" amusement park, and "wild-and-deluxe" leisure hotel.

In Jinwan District, a 190,000-sq-m (47 acres) Macao Powerlong Group urban complex of businesses, offices, and hotels will cost 5 billion yuan ($699 million).

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Signing ceremony [Photo by Zhong Fan / Zhuhai Media Group]

In Doumen District and also costing 5 billion yuan, Shenzhen Zhongqing Beidou Electronic Technology will build the first phase of an industrial base for SIP chip packaging. The complex, with floorage of 120,000 sq m (30-acre), will also be for integrated circuit design, packaging, and smart manufacture. It will settle in Xinqing Science & Technology Industrial Park.

When the 110,000-sq-m (27-acre) Electronic Tech base comes into use, it is to yield an annual output value of 8 billion yuan ($1.1 billion), contribute an annual tax payment of 200 million yuan ($28 million), bring in 150 high-level chip design and manufacturing talents, and create 2,000 jobs. Initial products will be for 5G telecommunications, and Beidou-encapsulated high-precision and 5G time-service chips.

In Hengqin New Area addition, Guangzhou Pharmaceutical Holdings will invest 2 billion yuan ($279.5 million) in 12 projects spanning headquarters, scientific research, industry, culture, and healthcare.

Deals were also signed for Kinwong Electronic (Zhuhai) plants with investment of 5 billion yuan and three new-materials projects in the Gaolan Port Economic Zone; Gree Electric Appliances and CCRC Harbor & Channel Engineering Bureau Group headquarters in Hengqin New Area; Liansheng Electronic Information Industrial Base in Fushan Industrial Park; and biomedicine projects in Jinwan District and Zhuhai National Hi-tech Industrial Development Zone (Tangjiawan).

The total annual output value of the 32 key projects is expected to reach 67 billion yuan ($9.4 billion). In the first five months of this year, deals for 64 projects worth 89.85 billion yuan ($12.6 billion) were signed for settlement.

Zhuhai Party Chief Guo Yonghang, CPPCC Zhuhai Municipal Committee Chairman Chen Honghui, and other senior city officials attended the signing ceremony.

(cityofzhuhai)

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Editor: Will

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