Nanjing New and High-tech Industrial Development Zone
|
Facts & Figures (2010)
| Rating |
AA |
| Year of Establishment |
1988 |
| Land Area |
16.5 km2 |
| Location |
Nanjing, Jiangsu |
| GDP |
RMB 25 billion |
| FDI |
N.A. |
| Utilized FDI |
N.A. |
| Major Investors |
Honeywell, Ericsson, Eastman, Akzo Nobel, Coca-Cola, Phoenix Technology, Alstom, Twentsche, Founder, Southern Telecom, Nari, MG, Saike, Dies Union, Satyam |
| Major Industries Encouraged |
electronic information, optical-mechanical-electronic integration, new chemical materials |
| Source of Facts & Figures |
Source: Administrative Committee of Nanjing New and High-tech Industrial Development Zone |
| Introduction |
Set up in 1988, Nanjing New and High-tech Industrial Development Zone (Nanjing HIDZ) is approved as a state-level development zone by the State Council. It covers an area of 16.5 sq km. It is located 15.5 km from downtown Nanjing, the capital of Jiangsu Province. The Beijing-Shanghai Railway and the Nanjing-Tongchuan Railway intersect in Nanjing, providing the zone access to Shanghai in 3 hours, access to Hangzhou in 5.5 hours, access to Beijing in 7.5 hours and access to Tianjin in 7 hours.
State Highway 312, the Nanjing-Nantong Expressway, the Nanjing-Hefei Expressway and the Pukou-Sixian Expressway run through the zone, linking it with other cities in China. The zone lies 50 km from Nanjing Lukou International Airport, which offers flights to cities such as Beijing, Singapore, Bangkok, Osaka and Kuala Lumpur. It is also 20 km from the Xinyusheng Wharf of Nanjing Port, which is the largest inland-river petrochemical and liquid chemical products transfer port and was the third-largest inland-river port in China by cargo throughput in 2008. |
| Investment Climate |
Nanjing HIDZ has several special parks: Nanjing HIDZ Software Park, Jinling Science and Industrial Park of Overseas Scholars and Nanjing European Scientific and Technological Industrial Park. Nanjing HIDZ Software Park has attracted 350 firms that specialize in software development, including Microsoft, Samsung, Satyam and Shanda Entertainment. The zone is a major high-tech industrial cluster in Nanjing. In 2008, there were nearly 300 high-tech enterprises in the zone, accounting for over 50% of Nanjing’s total.
In 2008, the value-added industrial output of the zone hit RMB 27.7 billion. The export value from Nanjing HIDZ amounted to US$7.3 billion. The zone attracted over 30 Fortune 500 enterprises, including Honeywell, Akzo Nobel and Coca-Cola.
Nanjing HIDZ is becoming a modern auto industrial park. It covers an area of 10 sq km. The MG Factory of Nanjing Automobile Corp set up operations in the high-tech park with a total investment exceeding RMB 2.8 billion in 2006. It is capable of producing 200,000 vehicles and 250,000 engines annually. Kumhotire, a Korean company, set up its fourth TBR tire plant in China in the park with an investment of US$90 million. The plant has an annual production capacity of 300,000 tires. Over 80 auto-related enterprises have shown interest in Nanjing HIDZ, and ten have set up business there. These include Nanjing Quanxin Automobile Interior Parts Manufacturing Co Ltd and Nanjing Jinsanli Plastics Co Ltd. |
| Winning Edge and Limitation |
Winning Edge
- The area has a convenient transportation system.
- The zone is close to China’s largest inland-river petrochemical and chemical transfer port
- The telecom software industry is strong in the zone
- Enterprises in the zone can draw from a large talent pool
Limitations
- Utility and labor costs are high
- Mineral resources are scarce
|
| The Administration Committee |
Address: No.2, LIjing Road, Nanjing High-tech New Industrial Development Zone, Nanjing
Tel: 0086 25 58641167
Fax: 0086 25 58843843
Website: www.njnhz.com.cn |
|
|
|
|
