Dongguan launches construction of 85 major projects on the same-day
http://www.dongguantoday.com/     03/13/2017 09:13

A contract-signing and construction-launching ceremony for major projects in Dongguan City was held on 9th March in Fenggang Town. City leaders Lv Yesheng, Liang Weidong, Yao Kang, Pan Xinchao, Bai Tao, Yin Huanming and Huang Shaowen attended the main venue ceremony.

On 9th March a contract-signing and construction-launching ceremony for major projects in Dongguan City was held at the main venue in Fenggang Town and another nine sub-venues. A total of 85 projects with a total investment in the billions began construction on the same day. Once operational, these projects will provide huge economic and social benefits, becoming a powerful driving force for a new round of development across Dongguan.

City leaders Lv Yesheng, Liang Weidong, Yao Kang, Pan Xinchao, Bai Tao, Yin Huanming and Huang Shaowen attended the main venue ceremony. Heads of select financial institutions and entrepreneurs from across Guangdong Province and Shenzhen City were invited to participate in the activity.

A contract-signing and construction-launching ceremony for major projects in Dongguan City was held on 9th March in Fenggang Town.

Among the 85 projects, there are 59 industrial developments and urban construction projects, with a total investment of 82.3 billion RMB; 22 industrial funds and financial projects, with a total investment of 41.1 billion RMB; and 4 bank credit projects, with the total investment of 240 billion RMB.

According to the Mayor of Dongguan, Mr.Liang Weidong, from last year to February 2017, the city has signed 94 major industrial projects with a total investment of 106.5 billion RMB. 90 major projects either began construction in 2016 or already scheduled for 2017, at a total investment of 126.5 billion RMB.

This year, Dongguan has a list of targets and missions, including to complete 43 billion RMB of major project investments, to finalise 23 major industrial projects, to start construction of 43 major projects, and to introduce 100 domestic projects with an investment of over 100 million RMB and 90 foreign project with an investment of over 10 million RMB.

Data shows that in 2016 the city completed major project investments of 43.94 billion RMB, 18.7% above the annual plan, and a year on year increase of 10.5%. The city's actual domestic capital increased by 20%, while contracted foreign investment increased by 8.7%. In 2016, 113 domestic projects with over 100 million RMB investment were introduced, and 22 foreign projects with over US$10 million of investment were introduced.

(By Stefanie Tan and Sev Pischl)

来源:Dongguan Today     Editor:谭晶