The Jingjiang Southern Industrial Park – situated in the Jingjiang Economic and Technological Development Zone of Taizhou city in East China's Jiangsu province – is on the move to expand.
It's prioritized attracting projects and boosting efficiency to stimulate its overall economic development.
Since December, the construction site of a new energy light alloy die-casting manufacturing plant within the industrial park has been bustling with activity.
An aerial view at the early stage of construction site of Huada Automotive Technology Co Ltd's plant in Jingjiang Southern Industrial Park. [Photo/zhjjwx.jsjjw.cn]
Just a little over two months ago, the land was merely an empty space. But now it's rapidly being transformed into a large-scale, state-of-the-art manufacturing facility for high-end equipment.
With a total investment of 1.05 billion yuan ($144.23 million), the facility is expected to play a crucial role in promoting the transformation and advancement of the auto parts industry in Jingjiang.
Huada Automotive Technology Co Ltd, an A-share stock market listed group, is the owner and operator of the developing complex, specializing in manufacturing high-grade car assembly parts.
The park has gained recognition for its new 29 new projects, each valued at over 100 million yuan this year, solidifying its reputation as a robust industrial hub.
By streamlining project management and enhancing efficiency, it's aiming to create a growth springboard for economic development in Jingjiang.