Kunming High-tech Industrial Development Zone
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Facts & Figures (2010)
| Rating |
BBB |
| Year of Establishment |
1992 |
| Land Area |
9 km2 |
| Location |
Kunming, Yunnan |
| GDP |
RMB 10.25 billion, 30.4% up (from enterprises with designated size) (Value-added Industrial Output) |
| FDI |
N.A |
| Utilized FDI |
N.A |
| Major Investors |
Pepsi, Gargee International Group, Microsoft, Walltech Group, BASF Group, Wilmar International Group, Air Products and Chemicals, Yunnan Baiyao Group, Yunnan Copper, etc. |
| Major Industries Encouraged |
New materials, biotechnology, mechanical and electrical integration, environmental protection, information technology, agricultural high-tech industries |
| Source of Facts & Figures |
Source: Kunming HIDZ |
| Introduction |
Kunming High-tech Industrial Development Zone (Kunming HIDZ) was established and approved by the State Council in 1992 as a state-level development zone.
The zone, with a land area of 9 sq km, is located in the northwestern part of the city. However, the Kunming government has allocated 20 sq km of land in southern Kunming’s Majinpu Village as an additional new zone of Kunming HIDZ.
There are 38 universities and colleges located in Kunming. These institutes for higher education supply talent for the zone’s development. |
| Investment Climate |
In 2010, Kunming HIDZ’s value-added industrial output was RMB 10.25 billion, up 30.4% year on year.
The zone’s pillar industries are new materials, biotechnology, environmental protection technology, mechanical and electrical integration, information technology, and agricultural high-tech industries. Enterprises from 24 counties and areas have signed contracts to invest in these industries.
In 2008, there are over 3,200 enterprises in Kunming HIDZ, including Cheung Kong (Holdings), Pepsi and BASF Group. In 2008, eight of these enterprises realized over RMB 1 billion in revenue each, while 31 enterprises realized over RMB 100 million in revenue each. The Fortune 500 companies in the zone are Umicore, Pepsi, Gargee International Group, Microsoft, Wilmar International, Walltech Group and BASF Group.
By the end of 2010, the zone attracted 5353 enterprises, among them, 48 enterprises generated revenue over RMB 100 million each; while 12 enterprises generated revenue over 1 billion each.
In 2010, the utilized FDI hit US$243 million, increased by 49.24% over the previous year. |
| Winning Edge and Limitation |
Winning Edge
- Kunming has low labor and land costs
- Kunming has a favorable natural environment
- Kunming has a favorable geographic location adjacent to Myanmar, Laos and Vietnam
Limitations
- Kunming lacks high-level talent
- The industrial infrastructure is underdeveloped
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| The Administration Committee |
Address: No. 1612 Kegao Road, Kunming HIDZ, Kunming, Yunnan, P.R. China 650118
Tel: 86- 871-8355192
Fax: 86- 871- 8355157
Website: www.kmhnz.gov.cn |
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