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Guiyang HIDZ receives 13.05b yuan in investment

Updated: 2020-10-20 14:42:17

From January to September, the Guiyang National High-tech Industrial Development Zone (Guiyang HIDZ) -- located in Guiyang, capital of Southwest China's Guizhou province -- attracted a wave of investment.

According to local media reports on Oct 14, paid-in investment for newly introduced key industrial projects during the first three quarters increased to 13.05 billion yuan ($1.95 billion), accounting for 87.01 percent of the annual target.

In the first nine months, 41 leading businesses made the Guiyang HIDZ their homes, achieving 164 percent of the zone's annual target.

Among them, SAFRAN Group, a Global Fortune 500 company, as well as 16 high-tech enterprises and a unicorn enterprise -- a privately held startup company valued at over $1 billion -- have decided to settle at the zone.

From January to September, zone officials conducted a series of visits and inspected 23 enterprises. Eight projects were successfully introduced to the zone.

At the same time, the zone saw six companies invest in six local landmark industrial projects.

Moving forwards, the zone will expand the implementation of Guiyang's development strategy.

It will increase its investment promotions in the city of Shenzhen and move to attract projects in such key areas as new energy vehicles and key parts manufacturing, electronic information manufacturing and the inspection and testing certification industries.

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