Tangjiawan attracts over 10b yuan investment in Q1
Zhuhai National Hi-Tech Industrial Development Zone (Tangjiawan) has been focusing on attracting high-quality projects in its leading industries and received more than 10 billion yuan ($1.6 billion) in investment in the first quarter of 2022.
It was a good start for the zone to sign cooperation agreements with Future Health Association and Yangzhou Zhongbao Pharmaceutical on Jan 20. Only six days later, a Jan 26 signing ceremony featured six projects to settle in Tangjiawan, with total investment of 680 million yuan in areas like semiconductor equipment, biomedicine, medical devices, and smart manufacturing.
Seven more high-quality projects adhering to Tangjiawan's major industrial demands in sectors spanning new energy, big health, smart equipment, and artificial intelligence were introduced to the zone in February, with total investment of 3.9 billion yuan ($613 million). Upon operation, they are expected to generate annual output value of 6.3 billion yuan ($990 million).
Signing ceremony of major projects in March [Photo by Wu Changfu / Zhuhai Daily]
In addition, six enterprises, including Zero Carbon Future, Zhiye Technology, Shixi Technology, and Zhuhai Yisheng Electronics, signed agreements to invest in Tangjiawan in March to boost local high-quality industrial development in new energy, AI, smart manufacturing, and industrial internet.
High-quality 24/7 follow-up services will be provided to the companies to help their projects start operation sooner.
Projects coming to Tangjiawan also include ones by Liando U Valley and Aosong Electronic that are expected to boost the zone's economic development.
Tangjiawan has prioritized industrial development and achieved eye-catching performances in 2021 in terms of economic development, industrial clusters, and sci-tech innovation. It ranked 17th in the 2021 Evaluation Result of National Hi-Tech Zones released by the Torch High Technology Industry Development Center, two places higher from the previous ranking due to its continuous efforts to bolster innovation.
Higher working efficiency, better government affair services, and more convenient handling procedures will be provided to ensure the future growth of projects, according to officials of the zone.