Diverse companies pledge billions in Gaolan projects

Nine large-scale real-economy and service projects were sealed at a Dec 27 Theme Summit, bringing investment of over 20 billion yuan ($3 billion) to the Gaolan Port Economic Zone.

Leading the prospects is the 10 billion-yuan ($1.5 billion) Gaolan Green Port Industrial Fund established with an initial investment of 5 billion yuan ($765.5 million).

Next comes Beijing Kang Yue Hui Culture & Technology, which will set up a mobile internet headquarters at the port, while Tianjin Pipe (Group) Corp will build a high-end seamless steel tubing processing and manufacturing facility along with a southern sales center there.

In the meantime, Yunnan Yimei International Travel Group will construct a Healthcare Town and Beijing Zhonghu Wisdom & Tourism Cultural Development will develop Ice & Snow City to tap the port's tourist potential.

Signing ceremony [Photo by Zhang Zhou / Zhuhai Daily]

Moreover, US-based Fire Fluid Technologies, a global leader in clean-agent fire-suppression solutions, will produce fire-fighting equipment in the area.

Three other investing companies are Research Institute of Machinery Industry Economic & Management, Jilin Gold Tower Group, and Guangdong Chengda Logistics. They will launch an intellectual support, biotechnology, and internet logistic management and service project respectively.

Those projects, covering industrial finance, consulting services, mobile internet, internet logistic management, tourism, and manufacture, will further broaden Gaolan Port's development potential, claimed a government official.

Attending the signing ceremony were Zheng Xinli, executive president of the China Association of Policy Science; Xu Donghua, chairman of the Research Institute of Machinery Industry Economic & Management; and Zhuhai Vice Mayor Lu Xiaofeng.

Gaolan Port [File photo]