On Dec 12, Wanyang Group acquired a 93-mu (6.2-hectare) land parcel in the Guangzhou Rail Transit Equipment Industrial Park, planning to invest 600 million yuan ($85.08 million) in building Baiyun Wanyang Guangqi Tech City.

The project, with an estimated construction area of around 249,000 square meters, will focus on the optoelectronic, automotive, and motorcycle components industries, aiming to establish an advanced manufacturing cluster platform.

Located in the Intelligent Equipment Park of Guangzhou Private Science and Technology Park, this site functions as a key hub for Guangzhou's rail transit industry cluster. It benefits from a well-developed "five-horizontal, five-vertical" road network, proximity to the Guangqing Expressway and Shenshan Station of the intercity railway, and is only 11 kilometers from Guangzhou Baiyun International Airport, offering air-rail intermodal transportation advantages.

Wanyang Group, a top national operator of manufacturing parks, previously developed two tech city projects in Baiyun. The upcoming project will utilize its extensive service ecosystem to attract tech-focused small and medium-sized enterprises, energizing the regional industrial chain and boosting the growth of the Guangdong-Hong Kong-Macao Greater Bay Area's advanced manufacturing cluster.

The Intelligent Equipment Park of Guangzhou Private Science and Technology Park. [Photo/WeChat account: gz_baiyunfabu]