Nanjing Economic & Technology Development Zone (NJETDZ) and Qixia District jointly hosted the “Nanjing Economic & Technology Development Zone Investing Environment Introduction Meeting” in Shenzhen. 150 senior managers and executives of hundreds of companies from Guangdong and Hong Kong etc. attended the meeting. Nearly 30 projects were signed contracts with total investment value of RMB 14.8 billion. Among them, 11 projects have investment value of over RMB one hundred million.

On the meeting, the NJETDZ focused on the electronic information industry so that a group of this kind of projects was signed. The Baiyun Electric Group, Guangzhou, signed two projects. It will not only invest over RMB 1 billion on establishing the R&D, production and marketing bases for products such as uhvac and hvdc capacitance casing, and toughened glass insulator etc. but also invest RMB 50 million on setting up the Nanjing Electric Automation Co., Ltd. The new company will cooperate with university or college institutions home and abroad to tackle technical problems and serve for industries in China related with metro automation, electric network establishment and automated control.

Some other projects will also enter the NJETDZ, for example, the LED applied products and solar energy system project worth 100 million Dollars, the Korea semi-conductor and TFT-LCD manufacturing equipments project worth 12 million Dollars, and the household appliance industrial park project worth RMB 100 million etc. When the TFT-LCD manufacturing equipments reach production target, RMB 600 million annual business incomes can be achieved.

After the implementation of “Park & Zone Trusteeship” policy, the Qixia Economic Development Zone, the Longtan Logistics Base, the Sanjiangkou Industrial Park, and the Xianlin High-tech Industrial Park are combined into the Nanjing Economics & Technology Development Zone East Part. They achieved over RMB 1 billion for investments in total. The Jiangsu GPRO Group and the NJETDZ East Part Construction & Development CO., Ltd have a co-investment worth RMB 500 million on the vocation hotel of the Nanjing Muyan Riverside Scenic Spot in order to increase the image and service level. (Nanjing Daily)