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New projects launched with total investment of over $99m

Updated: July 8, 2024

The development and reform commission of Huangshan announced the commencement of the third batch of projects through investment attraction for 2024 on July 2. This batch includes 15 projects with a total investment of 7.24 billion yuan ($99.62 million).

Significantly, two projects exceed 1 billion yuan each. The projects span multiple industries, including manufacturing (one project), infrastructure (four projects), tertiary industry (nine projects), and public welfare (one project).

The first two batches of investment attraction in 2024 included 16 projects with a combined investment of 11.32 billion yuan. All projects are now on track, achieving a full commencement rate and giving Huangshan a lead in Anhui province in both commencement and inclusion rates. Notable ongoing projects include the Jianguo Xishang Hotel and the expansion of the Nongfu Spring beverage production line in Huangshan district.

Representative projects in the third batch include the Changyuan International Art Village in the city proper, an ecological product financial development in Qimen county, and a high-end decorative paper project in Shexian county with an annual output of 20 million sheets of impregnated paper.

This new wave of projects underscores the city's dynamic economic development and commitment to business development and infrastructure.

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