Date: 2013-07-31

Tiexi Started 103 New Projects to Improve the Equipment Manufacturing Industry Level in Shenyang

Huachen BMW totally invested 1 billion euros in the second phase of expansion project, which rapidly progressed since it has started three months ago. The main structure of all the plants will be completed before the end of this year; Shenyang Han Wang large precision bearing project which is totally invested 2 billion yuan was laid the foundation at the end of August, and it is expected to be completed 50% of the foundation engineering before the end of this year...... reporters saw the construction scenes in Shenyang Economic & Technological Development Zone on September 19. The investment of each project is more than 30 million yuan and the total investment reached 31.102 billion yuan.

Since the beginning of this year, Tiexi district has adhered to taking the project as the core part, paid close attention to the starting & resumption work of the project and also reserves, which emerged the positive situation.

NSK screw project which was invested 98 million yuan, covering 100,000 square meters, currently have already completed the main plant and office building projects. It is expected to be completed by the end of this month and put into operation in the early October. Driven by the provincial and municipal leaders, we could see the bright future by investing in Shenyang Tiexi district. Currently, the company has signed an agreement with Shenyang Economic & Technological Development Zone, and added another 100 million dollars to build large industrial bearing production base. Now the preparatory work of the project goes well, the relevant procedures are handling, meanwhile the project is expected to start constrution in this year and put into operation next July.

Up to now, Shenyang Economic & Technological Development Zone started 103 projects which are all invested more than 30 million yuan, the total investment reached 31.102 billion yuan. Among the projects, there are 80 industrial projects which were invested 21.037 billion yuan; 333 promoting projects are under negotiation of which the total investment reached 73.5 billion yuan. Such a project will put an end to the history that Shenyang did not produce bearings, meanwhile play a positive role in improving the equipment manufacturing industry level in Shenyang.

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