WCNA ramps up efforts to develop Qingdao's marine economy

A total of 101 projects valued at of 200 billion yuan ($31.69 billion) will be invested in Qingdao West Coast New Area (WCNA) during 2022, according to preliminary news.

The projects mainly cover various sectors such as marine equipment manufacturing, marine biomedicine, marine scientific research and education.

One of the invested projects is the construction of the second phase of Qingdao Marine Science and Technology Park that is based on building a high-end application-oriented marine economic research and development center, and a high-end service industry headquarters center.

Another highlight is the Oriental Youdu Marine Biological Cosmetics Project, which aims to introduce globally sophisticated testing and development equipment for marine biological products.

The project of modern fishery and aquatic products processing and utilization focuses on building a marine functional protein peptide production line and a marine fish oil refining production line.

In addition, the construction of an integrated hospital ship office with ancillary facilities, a hospital ship supporting laboratory building, a training base, and a medical supply center is part of the marine science and technology construction project.

The investment in the new projects is intended to give the new area's marine economic development a boost.