A computer-generated image of Mingxin Semiconductor Packaging Material R&D Plant Project.
A launch event for new second-quarter projects in Shenzhen for 2024 took place in Nanshan District on May 8, where Guangming District showcased 26 projects with a total investment of 8.28 billion yuan. Four key projects focusing on industrial development in Guangming District are promising additions.
The district is propelling itself as a world-class scientific city and a pivotal hub in north Shenzhen. The district's operational focus remains on investments and project construction. Since 2018, investments surged from 47.8 billion yuan to 109 billion yuan, with an annual growth rate averaging 17.9%. Remarkably, this accounts for over 10% of the city's investment for four consecutive years.
In the first quarter of 2024, investments in Guangming District reached 17.04 billion yuan, reflecting a 14.4% year-on-year growth and a substantial 11.4-percentage-point increase compared to January and February statistics.
The 26 upcoming projects cover diverse industries: seven industrial developments, two real estate projects, and 17 urban development projects. Noteworthy projects include the Guangming Cloud Valley Phase II Biomedical Industrial Park, Mingxin Semiconductor Packaging Material R&D Plant, and Changzhen Community Land Relocation Industrial Project, all pivotal for the district's progress.
Key projects:
Guangming Cloud Valley Phase II Biomedical Industrial Park:
- Located at Zhenmei Boulevard and Zhenmei 3rd Road, Zhenmei Community, Xinhu Subdistrict.
- Spans 56,000 sqm.
- Total investment: 2.92 billion yuan.
- Construction timeline: June 2024-December 2028.
Mingxin Semiconductor Packaging Material R&D Plant Project:
- Situated at the east side of Hengde Road in Yutang Subdistrict.
- Occupies around 11,000 sqm of land.
- Total investment: 420 million yuan.
- Construction timeline: May 2024-June 2026.
Changzhen Community Land Relocation Project:
- Located at the northwest corner of the intersection of Guangqiao Road and Tangjia Road South, Fenghuang Subdistrict.
- Spans approximately 45,000 sqm.
- Total investment: 560 million yuan.
- Construction timeline: April 2024-March 2027.