Two industrial projects launched

Wu Yongkang, mayor of Qingzhen city, addresses a launch ceremony on Jan 15. [Photo/gzqz.gov.cn]

Qingzhen city in Guiyang, Southwest China's Guizhou province, launched its first two industrial projects for 2022 on Jan 15. Relevant officials from the Guiyang municipal people's government attended the meeting.

The aluminum foil project invested in by Guizhou Guilyu New Material Co is scheduled to be established in an aluminum fine processing industrial park, with a total area of 8 hectares and an investment of 660 million yuan ($103.62 million). It is expected to be completed in October this year and have an annual output of 800 million yuan.

The second gallium production center involves 50 million yuan in investment, and will occupy an area of 12,000 square meters. It is expected to produce 40 metric tons of gallium every year after being completed in July, achieving 100 million yuan in output annually.

During the launch ceremony, efforts to introduce more major programs in forged wheels and aluminum-based materials for aerospace and aviation were urged, it was stated that the business environment will be further optimized to ensure the early completion of projects currently under construction, and officials were ordered to resolve existing problems with the projects.