China's Hainan free trade port begins construction on 151 projects
HAIKOU -- South China's Hainan province on Sunday started construction on a new batch of 151 projects, which are meant to advance the free trade port program.
With a total investment of 40.3 billion yuan ($5.89 billion), the projects include infrastructural facilities, first phase of an aircraft engine maintenance base in Haikou, the provincial capital, a high-end intelligent commodity manufacturing park in the Yangpu Economic Development Zone, and a yacht dock project in the tropical resort of Sanya.
By the end of this year, an investment of 8 billion yuan will be made in these projects.
On June 1, China released a master plan for the Hainan Free Trade Port, aiming to build the whole of Hainan Island into a globally influential high-level free trade port by the middle of the century.
Previously, the province had launched 221 projects in two groups, with a total investment of 77 billion yuan this year for building the free trade port.
Office of the Hainan Free Trade Port Working CommitteeNo. 69 Guoxing Avenue, Meilan District, Haikou City, Hainan Province, 570203, China
hnshgb_xchch@sina.com
HAIKOU -- South China's Hainan province on Sunday started construction on a new batch of 151 projects, which are meant to advance the free trade port program.
With a total investment of 40.3 billion yuan ($5.89 billion), the projects include infrastructural facilities, first phase of an aircraft engine maintenance base in Haikou, the provincial capital, a high-end intelligent commodity manufacturing park in the Yangpu Economic Development Zone, and a yacht dock project in the tropical resort of Sanya.
By the end of this year, an investment of 8 billion yuan will be made in these projects.
On June 1, China released a master plan for the Hainan Free Trade Port, aiming to build the whole of Hainan Island into a globally influential high-level free trade port by the middle of the century.
Previously, the province had launched 221 projects in two groups, with a total investment of 77 billion yuan this year for building the free trade port.