Nanming signs up 13 new investment projects

Nanming district government signs up for 13 new projects to move there, on Jan 16. [Photo/Nanming media center]

The Nanming district of Guiyang – capital city of Southwest China's Guizhou province – on Jan 16 signed up 13 new projects with a total investment volume of around 74.1 billion yuan ($11.12 billion) to locate there.

The projects involve such fields as electronics information manufacturing, urban renewal, the digital economy, traditional Chinese medicine, as well as the integrated development of the culture, tourism and business sectors.

Among the signatories were Hangzhou Hikvision Digital Technology Co, Shenzhen Shixian Optoelectronics Technology Co and Guangzhou Shiyang Technology Co.

A meeting between Nanming district government and enterprises is held on Jan 16. [Photo/Nanming media center]

Hangzhou Hikvision Digital Technology plans to build a smart fire protection and security module equipment plant that is world-class, as well as an urban operation center in Nanming.

The largest supplier of digital video surveillance products in China, the company will invest 200 million yuan in Nanming in the first phase. It is expected to achieve an annual output value of more than 1.5 billion yuan within five years.

Meanwhile, Shenzhen Shixian Optoelectronics Technology Co aims to invest 10 billion yuan in Nanming to build the world's first color electronic paper production line, as well as form an electronics display manufacturing cluster in the district.

Finally, Guangzhou Shiyang Technology Co is reportedly investing in facilities to develop and produce semiconductor modules for communication equipment.