Guangzhou largest signing project at beginning of 2025 lands in GDD

On Feb 7, Guangzhou Science City hosted the major project signing and commencement event for the first quarter of 2025 in Guangzhou Development District (GDD).

The event showcased significant projects across various sectors, with a total investment exceeding 147.1 billion yuan ($20.18 billion), forming a new quality productivity matrix. This includes 152 future engine projects, such as the Taipei-Guangdong Direct Current (DC) project, which is expected to have an output value of around 129.6 billion yuan upon completion.

Among these projects, 117 are commencement projects covering strategic emerging and future industries like next-generation information technology, intelligent connected vehicles, and new energy vehicles. Within these, 93 are hardcore industrial projects with an investment of about 58.1 billion yuan, expected to generate an output value of approximately 84.6 billion yuan.

The event also unveiled the first China Construction Bank (CCB) Technology Branch. It introduced the inaugural 9 billion yuan Guangzhou AIC pilot equity investment fund, injecting financial impetus into the tech feast. Additionally, over 10 financial-related projects with a total investment exceeding 10 billion yuan were announced.

This event fully showcased the large-scale and ambitious projects undertaken by GDD in various fields, demonstrating the new trend of integrating technology finance with real-economy development.

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