Luohu showcases its land stock through investment promotional activity
The Luohu government held an investment promotional activity for the district’s Qingshuihe zone on Oct. 22. More than 10 large-scale projects with a total investment of more than 100 billion yuan ($14.96 billion) were contracted during the event.
The government said the district will set aside about 180 hectares of land, with a total construction area of 9.9 million square meters, for industrial and business projects in the future.
Luo Yude, secretary of the Luohu Committee of the Communist Party of China, gave a welcoming address at the beginning of the event.
As a trailblazer for reform and opening-up, Luohu has created many “firsts” in the country over the past 40 years and now welcomes investors from around the world to explore new business opportunities and developmental benefits to write new chapters of the area’s development legend, Luo said.
Additionally, Liu Zhiyong, head of the Luohu district government, introduced the district’s development plans and prospects.
“Luohu applied international standards in its planning. Its fixed asset investment will hit 1 trillion yuan over the coming 10 years, three times as much as now,” Liu said.
The event was also a chance to dispel stereotypes around Luohu, which have previously framed it as a district that after so many years’ fast development has no more land and space to accommodate new projects, the government said.
The government also unveiled its new pro-business policies, vowing to provide 700 million yuan to offer full-life-circle support for enterprises.
Notably, some advanced visual effect technologies were used during the event, wowing attendees and adding a little excitement to the proceedings.