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20 key projects start construction in Wucheng district

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ezhejiang.gov.cn| Updated: February 14, 2023

The Wucheng district of Jinhua held a commencement ceremony for 20 projects with a total investment of 20.94 billion yuan ($3.07 billion) on Feb 13.

With an annual planned investment of 3.94 billion yuan in 2023, the 20 projects cover high-end equipment, intelligent manufacturing, transportation facilities, basic energy, medical security, and housing projects.

Wucheng district has increased its investment in the transportation sector to accelerate its development into an international hub.

With a total investment of 2.5 billion yuan, the Central Zhejiang Integrated Transportation Hub Project (Phase I) consists of the Future Smart Logistics Park and the Zhuma Logistics Park, which will be built into a modern smart logistics park for new logistical formats, such as supply chain logistics, warehousing, city-to-city distribution, e-commerce logistics, and headquarters economy.

New intelligent manufacturing projects included new manufacturing bases for graphene heat dissipation film, lightweight automobile wheels and automotive electronic products.

In recent years, Wucheng district has been continuously improving its business environment. In 2022, the district attracted 10 manufacturing projects with more than 1 billion yuan in investment each.

Recently, the district introduced 30 measures to help enterprises boost corporate confidence, increase production, expand capacity, consolidate the basic foreign trade market, cultivate and developing commercial circulation subjects, activate the consumer market, accelerate the development of key areas in the service industry, and supporte stable employment by enterprises.

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