Fourth quarter of 2023 begins along with 190 new projects
2023-10-27 19:10:00
By Chen Si, Yichang International Communication Studio
Yichang held a ceremony yesterday to mark the beginning of 190 major projects starting in the fourth quarter of 2023.
These projects, with total investments reaching 130.76 billion yuan (US$17.8 billion), cover infrastructure, ecological and environmental protection as well as social livelihood. They will promote the high-quality development of Yichang City.
Among them, there are two projects above 10 billion yuan level with a total investment of 29.40 billion yuan; eight projects above 5 billion yuan level with a total investment of 59.80 billion yuan; and 28 projects above 1 billion yuan level with a total investment of 98.03 billion yuan.
The ceremony was held at the Shengkang biomedical project construction site inside Baiyang Industrial Park in the Yichang High-tech Zone.
Hubei Shengkang Chemical Co., Ltd. is investing 5 billion yuan in this project to build a production base for new materials for specialty chemicals. The products will be widely used in medicine, new materials, plant protection and other fields.
The Shengkang biomedical project is expected to be completed in 2025 and reach a total annual output value of 5.2 billion yuan. By then, it will help to further extend the industrial chain within the park.
Yichang held a ceremony yesterday to mark the beginning of 190 major projects starting in the fourth quarter of 2023.
These projects, with total investments reaching 130.76 billion yuan (US$17.8 billion), cover infrastructure, ecological and environmental protection as well as social livelihood. They will promote the high-quality development of Yichang City.
Among them, there are two projects above 10 billion yuan level with a total investment of 29.40 billion yuan; eight projects above 5 billion yuan level with a total investment of 59.80 billion yuan; and 28 projects above 1 billion yuan level with a total investment of 98.03 billion yuan.
The ceremony was held at the Shengkang biomedical project construction site inside Baiyang Industrial Park in the Yichang High-tech Zone.
Hubei Shengkang Chemical Co., Ltd. is investing 5 billion yuan in this project to build a production base for new materials for specialty chemicals. The products will be widely used in medicine, new materials, plant protection and other fields.
The Shengkang biomedical project is expected to be completed in 2025 and reach a total annual output value of 5.2 billion yuan. By then, it will help to further extend the industrial chain within the park.
