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Tianjin - Tianjin Jinnan Xinda Industrial Park

Published: 10 Apr 2009 15:49:39 PST

Tianjin Jinnan Xinda Industrial Park

 

Facts&Figures (2005)

Rating

 

Year of Establishment

Jinnan Xinda Industrial Park: April 2006

Xinda Industrial Park: 2000

Land Area

3.21 km2

Location

Tianjin

GDP

RMB 243.8 million

FDI

N.A.

Utilized FDI

US$8 million

Major Investors

Zhenxing Environmental Protection Equiment, Xusheng New Materials, Lianfa Electrical and Mechanical Equipment, Tianzhong Machinery

Major Industries Encouraged

Light industry, electronics, machinery

Source: Administration Committee of Tianjin Jinnan Xinda Industrial Park

 

Introduction

 

Tianjin Jinnan Xinda Industrial Park (Tianjin Jinnan Xinda IP) was established by the Tianjin Municipal Government in 2006 and covers an area of 3.21 km2. It is comprised of the former Xinda Industrial Park (which was set up in 2000) and Beizhakou Electrical Industrial Park.

 

Tianjin Jinnan Xinda IP is located in Xianshuigu Town within Jinnan District, 25 km southeast of Tianjin’s downtown area, 15 km from Tianjin Binhai Airport and 18 km from Tianjin Port. In 2007, the cargo throughput of Tianjin Binhai Airport and Tianjin Port ranked twelfth and fourth in China respectively.

 

The park is 5 km from Beijing-Tianjin-Tanggu Expressway, which puts Beijing within a one-hour drive. Two highways pass through the park, leading to the northeast, northwest and southwest of China. 

 

Investment Climate

 

By the end of 2005, the park's GDP reached RMB 802.4 million, while the total accumulative investment hit RMB 600.2 million. Eight foreign-invested companies have been set up in the IP.

 

In the year 2005 alone, the park's GDP stood at RMB 243.8 million, with an industrial output of RMB 1.1 billion. The utilized FDI totaled US$8 million.

 

Industries encouraged within the park include the light industry, electronics and machinery. Major domestic investors in these fields include Zhenxing Environmental Protection Equiment, Xusheng New Materials, Lianfa Electrical and Mechanical Equipment, and Tianzhong Machinery. All these companies generated revenues above RMB 70 million in 2005.

 


Source: China Knowledge
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