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Fourteen Companies in Beijing will Invest $2.6 Billion In Large Construction Projects

According to the Beijing Times on April 22, 2008, fourteen companies signed an investment agreement with the Beijing Municipal Industry Promotion Administration. Guo Jinlong, Mayor of Beijing, Mao Yu, Vice Minister of the State Industry and Information were presented at the signing ceremony. The total investment is $2.6 Billion (18.4 billion RMB) and the projects focus on bio-pharmacy and manufacturing sectors. Most of these projects will be located in Beijing development zones. Through this brief alert, Commercial Service Beijing seeks to inform qualified U.S. firms active in China,to support US participation in these projects.

Following are the 14 projects:

No. Project Name Address Dollar of Investment Construction Purpose Investment company
1 Sanyi Heavy Industry Manufacture Center Beijing Changping District First phase $1.2 billion (8 billion RMB) Annual Production Over $1.42 billion SanYi Heavy Industry
2 Han Neng Clean Energy Research Center Shun Yi District $285 million (2 billion RMB) Clean Energy Research Center Han Neng Holding Group
3 Expansion on BeiZhong Alstom(Beijing) Electrical Equipment Co. Shijingshang District $285 million (2 billion RMB) Add investment for Wujiacun Project France Alstom
4 Second phase of Wind-Electrical Industry of Jingfeng Science Group Yi Zhuang $28million (200 million RMB) State R&D center & Wind-Electric Control System, Key Spare-parts Manufacture Xin Jiang Jinfeng Group
5 Sino-US New Energy Investment Holding Co. Ltd. Pending $100million R&D Center & Manufacture for Sino-US New Energy Investment Holding Co. Ltd. U.S. Investment
6 Industry Base for China Coal Research Institute DaXingCaiyu Economic Develop Area $ 142million (1billion RMB) R&D Center & Manufacture of Coal Industry Equipment China Coal Research Institute
7 Zhongguancun Bio-Tech Park DaXingCaiyu Economic Develop Area $ 90 million R&D Center and Manufacture of Advanced Bio- Product U.S. Jianzan Co.
8 R&D Center for Human Blood Substitute Product & Medicine Yi Zhuang Development Zoon $92 million (650 million RMB) R&D Center for Blood & Bio-Chemical Products Beijing Kaizheng Co.
9 MaiRui Beijing Research Institute Chang Ping District $71 million (500 million RMB) A new R&D Center Shenzhen Mairui bio-Medical Electrical Co.
10 JieHua Bio-technology LeFuneng production base Chaoyang District First phase $71million (500 million RMB) Bio-medical Manufacture Genova Inc. (Canada company)
11 Science & Technology Park of Xiuzheng Medicine Changping Hongfu Industry Park $50million (350 million RMB) Science and Technology Industry Park for Xiu Zheng Medicine Xiu Zheng Yaoye Group
12 Joint Manufacture of Vaccine for measles, Rubella & Parotid by Xi Li Group & Glaxo Gmith Kline Shunyi Linhe Development Zone $114 million (800 million RMB) Manufacturing Industry Xi Li YaoYe Company
13 R&D Center for Korea Daxiong Pharmaceuticals DaXing Biotechnology Pharmacy Base $28 million (200 million RMB) China Manufacture Base Korea Daxiong Pharmacy Co.
13 R&D Center for Korea Daxiong Pharmaceuticals DaXing Biotechnology Pharmacy Base $28 million (200 million RMB) China Manufacture Base Korea Daxiong Pharmacy Co.
14 Sino-U.S. TianDao R&D Center for Monoclonal Antibody Beijing Yi Zhang Development Zone $35 million (250 million RMB) U.S. & EU Standard ‘s Biotechnology Pharmacy Assembling Line Sino-U.S. Tiandao Corporation

If you interested to learn more, please complete this form, You will be contacted by Commercial Service Beijing, Ms. Shujuan Cao.

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