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Work starts on innovation center in WHDZ

Updated: 2018-11-13

Construction work on a scientific and technological innovation project started at the Automobile and Auto Parts Industrial Park in Wuhan Economic and Technological Development Zone (WHDZ), Wuhan, capital of Hubei province, on Nov 9.

The project received investment from Beijing LIANDO Investment Group, a national leading industrial park service provider, aiming to promote industrial innovation in the zone and build a scientific and technological innovation center in central China.

Covering an area of 134 mu (8.93 hectares), the project received an estimated investment of more than 1.1 billion yuan ($158 million), and is planned to include multi-story high-end plants, a research and development building, a technology entrepreneurship center, and supporting service facilities.

It will focus on building a high-tech industrial cluster in the zone, featuring such industries as intelligent manufacturing, electronic information and biotechnology.

Following completion of the project, it is expected that about 60 technology-based enterprises will be introduced to the park, providing 3,000 job opportunities.

And the annual output value is expected to reach 2 billion yuan after production.

During the launch ceremony, representatives from LIANDO Wuhan Company also signed agreements with representatives of companies that will do business in the park, including Commsat, the first commercial high-tech aerospace company in China involved in the design and development of satellites; HuaHuishi Face Recognition, and Shanghai Jinduo Precision Machinery.

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Representatives of LIANDO and Wuhan Economic and Technological Development Zone lay a foundation stone for the scientific and technological innovation center, Nov 9. [Photo/WeChat account of WHDZ]

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Representatives shake hands after signing cooperation agreements in Wuhan Economic and Technological Development Zone, Nov 9. [Photo/WeChat account of WHDZ]