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Haimen seeks more investment

en.nantong.gov.cn

Updated: 2023-07-21

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A night view of Haimen district in Nantong, East China's Jiangsu province. [Photo/ntfabu.com]

Haimen district in Nantong, East China's Jiangsu province has in recent years been taking advantage of its geographical position in the Yangtze River Delta and the region's integrated development strategy to attract more high-quality projects.

The district signed agreements on 31 major projects with a combined investment of more than 30 billion yuan ($4.14 billion) in the first half of this year, of which three have an investment of 5 billion yuan each and eight are foreign-funded.

The results were largely due to the district's complete industrial chains, favorable business environment and efficient government services.

Jiangsu Zhenjiang New Energy Equipment Co, a listed company based in Jiangyin, a county-level city in Wuxi, signed an agreement to build a 5-billion-yuan new energy facility in Haimen on June 4, largely due to the district's strong wind power industry, according to the president of the company.

Authorities have optimized the district's industrial chains and industrial clusters and channeled more resources toward its five pillar industries – high-end equipment manufacturing, advanced metal materials, healthcare, new energy and new-generation information technology.

The district built a 10-square-kilometer new-generation information technology industrial park where seven major projects were launched in the first six months of this year.

Authorities have also held 33 investment promotion activities and engaged with 1,343 industry-leading enterprises in Shanghai and cities in southern Jiangsu province such as Suzhou and Wuxi this year to attract more projects.

In addition, Haimen rolled out an action plan to make sure the projects can be launched in the district as soon as possible.

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Haimen Port in Haimen district, Nantong, East China's Jiangsu province. [Photo/ntfabu.com]