Luocheng Yiwu Commercial and Trade Industrial Park project starts construction

On June 8, Hechi held the second-quarter major projects groundbreaking ceremony, as well as the Luocheng Yiwu Commercial and Trade Industrial Park project groundbreaking ceremony in Luocheng Mulam autonomous county. 

Luocheng started and completed 14 projects with a total investment of 3.24 billion yuan ($483 million). The projects include Luocheng Yiwu Commercial and Trade Industrial Park, the Mulam Daoxiang Pastoral Complex, and infrastructure projects including Pingding-Xinying Avenue and Huangnitong Water Plant, as well as social livelihood and ecological environmental protection projects such as Chengdong Primary School.

Among them, the Luocheng Yiwu Commercial and Trade Industrial Park project covers an area of 450 mu (30 hectares) and has a total investment of 1.5 billion yuan. It is expected to consist of a farmer's market, a home furnishing market, a Yiwu small commodity market, an automobile market, a building materials storage and distribution center, a storage center, a logistics center, and supporting service facilities. After completion, it can accommodate more than 1,000 merchants of various types, creating employment for thousands of people, and the annual turnover is expected to reach more than 1 billion yuan.

These industrial projects are significant for further promoting the transformation and upgrading of leading industries in Luocheng, accelerating the construction of a modern Hechi satellite city, promoting the integration and development of primary, secondary and tertiary industries, as well as promoting rural vitalization.

The groundbreaking ceremony for Hechi's second quarter major projects. [Photo/Hechi Daily]