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Projects worth $4.29b go into production in WHDZ

Updated: 2018-07-10

A total of 17 projects with investment of 28.37 billion yuan ($4.29 billion) in Wuhan Economic and Technological Development Zone (WHDZ) have gone into production in the first half of this year, according to a meeting held on July 4.

Data reveals that from January to June, the zone started construction of 34 projects with investment of 103.4 billion yuan, among which 21 are industrial projects, 12 are projects in the service industry, and one in the agricultural sector. 

To speed up construction of industrial projects in the zone, WHDZ has prioritized major projects and the construction of infrastructure, as well as reforming its procedures for approving projects in the zone, significantly cutting approval times. 

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Wuhan Economic and Technological Development Zone holds a meeting about work undertaken during the first half of the year, on July 4. [Photo/WeChat account of WHDZ]