Phase I of the Gechuang Xingu project invested and built by Gree Group set a new record on Dec 12 by finishing its main structure construction and investment attraction in 130 days.

Located in the Beiwei area of Zhuhai National Hi-Tech Industrial Development Zone (Tangjiawan), the project is scheduled to be built in two phases and will focus on the development of intelligent manufacturing, integrated circuits, and medical devices.  Phase II broke ground the same day.

It became the first industry 5.0 space in Zhuhai to attract investment based on its cooperation with enterprises and local governments to ensure completion of main structural construction.

Construction site of Gechuang Xingu project industry 5.0 space in Tangjiawan [Photo courtesy WeChat account: zh_gxq]

More than 80 percent of the enterprises to settle in the project's Phase I are from outside Zhuhai, and occupy 87 percent of the 186,300-sqm (46-acre) rental area. Phase 1 projects are expected to generate a total output value of more than 5 billion yuan ($717 million) once operational.

Moreover, advanced investment attraction for the project's Phase II has started and floorage of more than 130,000 sqm (32 acres) has been reserved.

By early December, 98 projects had settled in the newly-built industry 5.0 space areas in Tangjiawan such as the Area D of the Zhuhai Greater Bay Area (GBA) Intelligent Manufacturing Industrial Park, Phase II of the Big Data Center, and Gangwan No 7 Super Industrial Community with total floorage of 720,000 sqm (178 acres), accounting for 74 percent of the factories to be capped by the end of 2022.