The groundbreaking ceremony for the three significant projects in the WHDZ on Aug 18. [Photo/official WeChat account of WHDZ]
Construction work on three significant projects began in the Wuhan Economic & Technological Development Zone (WHDZ) in Wuhan, Central China’s Hubei province, on Aug 18, aiming to further boost regional economic development, according to local media reports.
The three projects are Wuhan Fuxing Precision Prefabricated Steel Structure Industrial Base, Huameilin Compressor Shell Assembly Production Base and Zhonghuan Haihua Smart Science and Technology Park.
The projects cover construction, manufacturing and service industries, and a total investment of 1.91 billion yuan ($276 million) has been made.
The Wuhan Fuxing Precision Prefabricated Steel Structure Industrial Base, with an investment of 1.56 billion yuan, will build a large-scale, professional automated assembly R&D and production base with an extensive product range, elite technological developments and full patent coverage.
Also, an R&D team (academician workstation) and a design institute will be established at the base.
Upon being put into operation, it is expected to achieve an annual output value of nearly 4 billion yuan and provide 1,000 job opportunities.
The Huameilin Compressor Shell Assembly Production Base has a total investment of 150 million yuan and will cover 20,000 square meters. It will be mainly engaged in the production, processing and sale of compressor parts and related mechanical equipment.
Within three years of full production, it will realize annual sales revenue of 400 million yuan and annual tax payments of 16 million yuan.
The Zhonghuan Haihua Smart Science and Technology Park has a total investment of 200 million yuan and a total construction area of about 40,000 square meters.
The park is expected to go into operation in November 2021. It will focus on introducing electronic information, new energy, new materials, energy conservation and environmental protection, and various financial, technology intermediary agencies or modern service industry enterprises.
It plans to introduce 50 enterprises and achieve an output value of 600 million yuan.
