The 10 projects that came under construction at Guangzhou (Qingyuan) Industrial Park collectively on Feb 22 with a total investment of 2 billion yuan ($310 million) are expected to generate an estimated output value of 6.7 billion yuan.
Among the lineup are the oral health industrial park invested by Qiancai Cosmetic, the latex paint manufacturing base of Nippon Paint, the headquarters and R&D-production-sales base of Jiajie Machinery, and the R&D and production base of Farrleey Filtration.
The first group of key projects for Guangzhou (Qingyuan) Industrial Park in 2021 collectively launch construction or come into operation on Feb 22, a solid start for the 14th Five-Year Plan period (2021-25).
In addition, five projects came into operation at the industrial park the same day with an estimated combined output value of 6.7 billion yuan. They include the animal rearing additive R&D-production-sales base of Pinve, and the manufacturing base of Langting Electric Appliance Science and Technology.
Guangzhou (Qingyuan) Industrial Park, which forms a significant part of the Guangzhou-Qingyuan Special Cooperation Zone, has seen increasingly optimized industrial layout with an in-flow of projects. Five industrial clusters related to smart homes, auto parts, new materials, modern agricultural biotechnology, and food and cosmetics have taken shape in the park.