Nandan signs projects worth $531m at 17th CAEXPO

The signing ceremony of agreements between Nandan Nonferrous Metal New Materials Industrial Park and Guizhou Wengfu Group, as well as Dongguan VSunny New Material Co is held on Nov 28. [Photo/Hechi Daily]

Hechi Nandan Nonferrous Metal New Materials Industrial Park signed cooperation framework agreements with Guizhou Wengfu Group and Dongguan VSunny New Material Co on Nov 28 at the 17th China-ASEAN Expo (CAEXPO), which was held in Nanning, Guangxi Zhuang autonomous region from Nov 27 to 30.

A zinc-sulfur-phosphorus circular economy industrial project, with an investment of 3 billion yuan ($455.74 million), and a calcium carbonate (stone) industrial base (Phase 1) project, with an investment of 500 million yuan, will be carried out according to the agreements.

Guizhou Wengfu Group and Nandan Nonferrous Metal New Materials Industrial Park have highly complementary industrial advantages, with a strong basis for cooperation in terms of implementing a green development strategy, promoting the linkage improvement of the non-ferrous metal industry and the phosphorus chemical industry, enhancing the development of the circular economy, extending the industrial chain, as well as promoting healthy and sustainable industrial development.

The project is expected to achieve a gross production value of over 2 billion yuan, generate more than 600 million yuan in tax revenue, and create more than 1,500 jobs.

Dongguan VSunny New Material Co is committed to promoting advanced equipment and technology, as well as expanding market channels and cooperation with regions with rich calcium carbonate resources and good industrial development prospects.

It has implements an all-around strategic cooperation in the industrial chain, supply chain, and supply chain finance, as well as jointly promoted the calcium carbonate industry to large-scale, industrialized, standardized, and high-quality development. After entering Nandan, it is expected to achieve a gross production value of over 1.8 billion yuan, generating 555.8 million yuan in tax revenue.

Hechi plans to build the park into the world's largest lead and zinc production base, a national demonstration base of non-ferrous metal green production circular economy, as well as the largest green production model base of the phosphate industry in Guangxi by 2025. It will also be built into an industrial cluster, with an output value of 100 billion yuan.

In addition to accelerating investment promotion, the Hechi government has also issued an overall plan to lay a solid foundation for cooperation in the implementation of the non-ferrous metal industry, phosphorous chemical industry, and calcium carbonate industrial clusters in the industrial park.