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WHDZ starts construction on 6 projects worth $960m

Updated: 2018-07-11

Wuhan Economic and Technological Development Zone (WHDZ) in Wuhan, central China’s Hubei province, began construction work on six projects with a total investment of 6.4 billion yuan ($960.21 million), on July 9.

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Wuhan Economic and Technological Development Zone holds a commencement ceremony for the construction work on six projects in the zone, on July 9. [Photo/WeChat account of WHDZ]

The six projects include an R&D project invested in by Kingfa Technology and a project invested in by Hubei Tianyun Auto Electrics Co, covering areas such as robotics, smart homes, and auto parts.

The projects will help accelerate the industrial transformation and upgrading of WHDZ.

From January to June, the zone started the construction of 34 projects with a total investment of 103.4 billion yuan, among which 21 are industrial projects worth 17.5 billion yuan, 12 are projects in the service industry worth 45.9 billion yuan, and one is in the agricultural sector worth 40 billion yuan. 

To speed up the construction of industrial projects in the zone, WHDZ has reformed its procedures for approving major projects in the zone, significantly cutting approval times. 

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Officials attend the commencement ceremony for the construction of six projects in Wuhan Economic and Technological Development Zone on July 9. [Photo/WeChat account of WHDZ]

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Construction work starts in Wuhan Economic and Technological Development Zone on July 9. [Photo/WeChat account of WHDZ]