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Guiyang and Gui'an kick off new projects worth 43b yuan

Updated: 2024-03-25

As of March 15, a total of 176 new projects commenced in Guiyang city and Gui'an New Area in Southwest China's Guizhou province, with a combined investment of 43.09 billion yuan ($5.99 billion).

Among them, there are 80 projects with investments that exceed 100 million yuan each, totaling 40.2 billion yuan.

Investments are primarily focused on industries and infrastructure this year. This includes projects like the construction of the Yunyan District Electronic Information Industrial Park and the Kaiyang Green Pesticide Production Base, reflecting an emphasis on new industrialization.

Additionally, significant investments are being made in big data industry projects like the construction and equipment procurement for a computing power base, as well as infrastructure projects such as the integrated logistics base in the China and Foreign Trade Logistics Guiyang Comprehensive Bonded Zone.

This year, Guiyang and Gui'an have confirmed that they are prioritizing projects, focusing on large-scale initiatives, and giving precedence to project development. Efforts are concentrated on advancing new projects in the first quarter, rallying support for project construction, and accelerating project implementation.

Leveraging the joint approval platform that was established by pre-approval departments such as development and reform, planning, ecology, forestry, and housing and construction, the streamlined approval process and expedited procedures for projects are ensuring swift progress in pre-construction preparations and early project commencement.

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