Gaolan Port signs manufacture deals in Shanghai

Agreements concerning nine high-end manufacture projects worth 3.7 billion yuan ($554 million) were cemented at a Gaolan Port Economic Zone promotional event in Shanghai on Sept 1. 

Involved are American Solenis, German Siegwerk, and Taiwanese Great Eastern with endeavors related to marine engineering equipment manufacture and high-end fine chemicals. The projects will come into operation in succession as of next year, which will greatly spur the rapid development of high-end manufacturing in the zone, according to a chief official there. 

Gaolan Port Economic Zone [File photo]

The official outlined the zone’s development condition and investment environment during the event. He said that the zone, thanks to recent accumulated development of high-end equipment manufacturing industry and a series of major projects, has become an advanced equipment manufacture pacesetter on the west bank of the Pearl River Delta, and a major supportive strength of the nation’s South China Sea Strategy. 

The favorable investment environment and preferential policies introduced at the event were well received by enterprise representatives, many of whom expressed intention to visit Zhuhai for on-the-spot investigation. 

More than 80 local advanced equipment manufacture and high-end chemical enterprise executives were at the event.