Huayuankou park on a roll
Workers on an assembly line in the workshop of Yongxu Cable Corporation in Dalian Huayuankou Industrial Park |
The park has made remarkable progress in the past few years, thanks to the able leadership of its administrative committee.
For instance, a series of high-quality infrastructural facilities have been completed, including a 32.96-kilometer railway, four bridges, 700,000 square meters of green area, a fresh water plant with a 50,000-ton capacity, the office building of the administrative committee and a residential community.
Meanwhile, 26 projects with a total capital of 7.2 billion yuan have also been started. Dalian Tire Plant, for example, has realized more than 40 percent of its total investment of 2.5 billion yuan, enabling it to add a brand-new production line.
Unique advantages
Compared with other domestic economic development zones, Dalian Huayuankou Industrial Park has many unique advantages to attract both local and foreign investors.
Located in the south of Liaodong Peninsula and to the north of the Yellow Sea, the park is adjacent to the Republic of Korea and separated from Japan only by the sea. It is also close to important cities like Dandong and Shenyang.
Its geographical position as the center of the Northeast Asia economic circle has convenient transportation conditions.
In addition, the park is able to provide investors a comfortable environment both in life and work.
Facilities for fresh water, sewage treatment, electric power and telecommunication have been improved. Luxury hotels and training schools are under construction.
The park, surrounded by State-level resorts, boasts a fascinating landscape.
Moreover, the implementation of preferential policies has played a leading role in attracting investments.
For instance, the administrative committee has established a special fund to encourage intermediary organizations and individuals to make investment.
Bright prospects
The park has played a significant role in provincial economic development, effectively utilizing resources, accelerating urbanization, and developing rural areas.
In line with the industrial program drawn up by the Geographic Sciences and Natural Resources Research Institute, Chinese Academy of Science, the park is expected to incorporate a variety of industries, such as new materials, automobiles and spare parts, as well as electromechanical products, food processing and furniture.
The park will also be built into a base to accept industrial transfer and become a leading area in the process of revitalizing Northeast China's old industrial base and a demonstration area for recycling economy and sustainable development.
Utilizing the opportunity offered by favorable policies, the park will also assemble a series of important infrastructural projects expected to considerably sharpen its competitive edge, such as the Dandong-Dalian freeway, and a harbor and power plant in Zhuanghe.
(China Daily 03/08/2007 page17)