Facts & Figures (2007)
| Rating |
|
|
Year of Establishment
|
2001
|
|
Land Area
|
31.3 km2
|
|
Location
|
Changshou District, Chongqing
|
|
GDP
|
N.A
|
|
FDI
|
N.A.
|
|
Utilized FDI
|
N.A
|
|
Major Investors
|
BP, Sinopec, China National Petroleum, BASF, Linde Gas, Praxair, Dalkia, Degussa, Mitsubishi Gas Chemical, etc.
|
|
Major Industries
Encouraged
|
New materials, new energy, petrochemicals, paper making
|
Source: Chongqing Changshou CIP
Introduction
Chongqing Changshou Chemical Industrial Park (Chongqing Changshou CIP) was approved and established by the Chongqing municipal government in 2001 as a municipality-level development park.
Chongqing Changshou CIP is located in the Changshou District, 50 km from Jiangbei International Airport, which ranked tenth in terms of passenger throughput (10.4 million persons) in China in 2007. Chongqing-Huaihua Railway and Chongqing-Lichuan Railway run through the park, while Chongqing-Shanghai Freeway and Chongqing-Fuzhou Freeway also intersect within the park. Additionally, Chongqing Changshou CIP is adjacent to the Changshou Deep-water Port, which has annual throughput of 20.9 million tons.
Investment Climate
Changshou District, realized GDP of RMB 12.5 billion in 2007, representing a rise of 16.1% year on year. The GDP of the district accounted for 3.0% of Chongqing's total.
Chongqing Changshou CIP has formed industrial bases for petrochemicals, natural gas chemicals, chlor-alkali chemicals, biological chemicals, fine chemicals and new materials. Approximately seventy-two enterprises within the aforementioned industries have established businesses in the park. They include thirteen Fortune 500 companies such as BP, Sinopec, China National Petroleum, BASF, Linde Gas, Praxair, Dalkia, Degussa and Mitsubishi Gas Chemical, along with twenty domestic listed companies such as Sinochem International and Yunnan Yuntianhua. Their total contractual investment amounted to RMB 60 billion. All of these investment programs are expected to commence by the end of 2011.
The Chongqing Branch of Sinopec Sales Co. Ltd was set up in Chongqing Changshou CIP in December 2007 with an investment of RMB 200 million. The company engages mainly in compressed natural gas filling stations.
Additionally, in March, 2008, Dalkia, the European leader in energy services, and Chongqing Changyang Thermal Energy (a local energy service company), jointly invested RMB 3 billion in constructing a large thermal power plant with annual 400MW power capacity in Chongqing Changshou CIP. Upon completion, the thermal power plant will supply enough steady energy to meet the demands of all the enterprises located within the park.
Investment Costs
Utility Costs
| Purpose of Usage |
Natural Gas (RMB/m3)
|
Water (RMB/m3) (Wastewater Treatment Included)
|
Electricity (1kv-10kv)(RMB/kwh)
|
|
Residential
|
2.5
|
3.50
|
0.510
|
|
Commercial
|
N.A
|
4.10
|
0.828
|
|
Industrial
|
N.A
|
3.35
|
0.646
|
Source: Chongqing Municipal Government
Winning Edge and Limitations
Winning Edge
- A well-developed chemical industrial base has been established within Chongqing Changshou CIP.
- Thirteen Fortune 500 companies and twenty domestic listed companies have invested in the park.
- Convenient transportation system.
- Abundance of labor.
- Low labor and land costs.
Limitations
- Faces strong competition from many other development zones in Chongqing and Chengdu, the capital city of Sichuan.
The Administration Committee
- Address: 20, Qixin Avenue, Changshou District, Chongqing P.R. China 401221
- Tel: 86-23-68980008
- Fax:86-23-68980009
- Website: www.cccip.cn/
