[Photo by Piao Feng for chinadaily.com.cn]
On September 26, Jinpu New Area held a signing ceremony for the third quarter's 30 major investment projects, with total investment of 12.66 billion yuan ($1.8 billion). The projects cover a wide range of industries, including advanced manufacturing, the new generation of information technology, a cultural and tourism complex and the marine economy.
In addition to the 30 major projects, another 11 Jinpu projects, with a total investment of 18.8 billion yuan, have been signed or are to be signed in September, hitting a record high in the number of contracted projects this year.
In the first eight months this year, Jinpu has added 1,381 reserve projects, a year-on-year growth of 31.7 percent, with a total investment of about 586.6 billion yuan. Jinpu has attracted 296 projects, a year-on-year growth of 22.1 percent, with total investment of 178.3 billion yuan, including phase IV of the new plant project of SKF (Dalian) with an investment of $230 million, and the expansion project of Dalian Sanken Electric Co Ltd with an investment of $20 million.
So far this year, Jinpu New Area has carried out 155 projects, a year-on-year growth of 13.2 percent, with a total investment of 114.6 billion yuan, including THK Liaoning's investment of $60 million, and phase Ⅲ of the Formas Precision Forgings (Dalian) Co Ltd with an investment of $200 million.
The gathering of quality projects is the biggest indicator of the investment attraction of Jinpu. Strategic emerging industries, represented by Metaverse, new energies, intelligent equipment manufacturing and new generation of information technology, count for 61 percent of the total investment, a year-on-year growth of 16 percent. Projects with an investment of over 100 million yuan account for 50 percent. Major projects represented by SK hynix, emerging projects represented by Dalian Dalicap Technology Co Ltd and service industry projects represented by the Dalian Commodity Exchange all embody large investment volume, high quality, a strong driving ability and excellent industrial structure.