Guangdong Fenyong ASEAN Industrial Park in the Fenyong High-Tech Industrial Development Zone [Photo/gdzjdaily.com.cn]

Fenyong High-Tech Industrial Development Zone in Zhanjiang has attracted 25 industrial projects with a total investment of 8.25 billion yuan ($1.33 billion). Its annual output value is expected to reach 12.89 billion yuan.

Facing the new development opportunities, Fenyong zone plans to build some major industrial clusters covering pharmaceutical and food industries and mechanical equipment.

It will also launch four platforms including military and civilian integration development demonstration platform, science and technology innovation platform, Maritime Silk Road ASEAN cooperation and development platform and industrial cluster development platform.

The first batch of 15 enterprises that will settle in the zone have started construction and 12 of them are expected to start operations by the end of this year.

Edited by Mevlut Katik