Home > Community > China Biz > Tibet - Lhasa Economic and Technological Development Zone

Tibet - Lhasa Economic and Technological Development Zone

Published: 10 Apr 2009 15:04:48 PST

Lhasa Economic and Technological Development Zone (Lhasa ETDZ)

Facts&Figures (2007)

Rating
Year of Establishment	Sep., 2001
Land Area	5.5 km²
Location	Lhasa, Tibet Autonomous Region
GDP	RMB 2.2 billion (US$292 million), 127.4% up
FDI	N.A.
Utilized FDI	N.A
Major Investors	Tibet Tianzhi Bo-technology Development, Qizheng Tibetan Medicine, Tibetan Traditional Medicine Pharmaceutical, Tibet Zhongkai Mining Group, Tibet Mingzhu satellite navigation application technology, Tibet Qisheng Native products, etc.
Major Industries Encouraged	Mining, building materials, folk handicrafts and Tibetan medicine, tourism, characteristic plateau food processing

Source: Lhasa ETDZ

Introduction

Lhasa Economic and Technological Development Zone (Lhasa ETDZ) was approved by the State Council and established in September 2001 as a state-level development zone.

Located in Lhasa’s west, the zone is 10 km away from the city’s downtown area, 50 km from Lhasa Gongga Airport and 2 km from the railway station. China National Highway 318 runs through Lhasa ETDZ.

Investment Climate

In 2007, Lhasa ETDZ realized GDP of RMB 2.2 billion, representing a rapid increment of 127.4% year on year and accounting for about 18.3% of the city's total.

Mining, building materials, folk handicrafts, Tibetan medicine, characteristic plateau food processing and tourism have been the zone’s economic pillars. Representative enterprises include Tibet Tianzhi Biotechnology Development, Qizheng Tibetan Medicine, Tibetan Traditional Medicine Pharmaceutical, Tibet Zhongkai Mining Group, Tibet Mingzhu Satellite Navigation Application Technology and Tibet Qisheng Native Products.

Tibetan Traditional Medicine Pharmaceutical Factory, with total assets worth RMB 180 million, has been the largest Tibetan medicine producer in China.

Between January to November 2008, 37 new enterprises were set up in Lhasa ETDZ. Currently, there are 123 enterprises with a total registered capital of RMB 1.6 billion located in the zone.