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Donghai Island becomes a focus of investment

(en.zhanjiang.gov.cn) Updated: 2019-12-24

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The China-Kuwait Integrated Refining project on Donghai Island. [Photo by Liu Jicheng/gdzjdaily.com.cn]

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The BASF (Guangdong) Integrated Base project on Donghai Island. [Photo by Liu Jicheng and Li Wenchao/gdzjdaily.com.cn]

To date, Donghai Island in east Zhanjiang, South China's Guangdong province has introduced a total of 495 projects, of which three are projects with investments of more than $10 billion.

Donghai Island covers an area of 286 square kilometers and is the largest island in Guangdong province. In order to solve issues that hinder its development, the island has practiced the new development concepts of innovation, coordination, opening-up and sharing, as well as focusing on green principles, investing more than 20 billion yuan ($2.85 billion) in infrastructure construction to attract investment.

The local government innovated its way of attracting investment and successfully introduced large projects like Baosteel Zhanjiang Iron and Steel, the China-Kuwait Integrated Refining project, and BASF (Guangdong) Integrated Base.

The three major projects are built next to each other. They share ports, railways, hydropower, and public facilities, as well as provide reasonable mutual supply of oxygen, nitrogen, and hydrogen.

It is expected that by 2022, Donghai Island will initially form two 100 billion yuan level modern port-based heavy chemical industrial clusters represented by steel and petrochemicals. 

 

 


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