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6 projects worth RMB 13.4 billion break ground in Nansha’s Mingzhu Bay
Update: 2019-04-30     Source: newsgd.com

Six high-profile enterprises including Guangdong Transportation Group, Yuexiu Group and China Venture Capital Research Institute held a groundbreaking ceremony for their new headquarters in Nansha’s Mingzhu Bay on April 25th.

Six projects invested by enterprises including Guangdong Transportation Group, Yuexiu Group, China Venture Capital Research Institute, Shenzhen Zhongjin Lingnan Nonfemet Company Limited, Nansha Urban Construction & Investment and Galaxy Holding Group started construction in Nansha on April 25th.

According to Nansha government, all of the six projects are located at the Lingshan Island of the Mingzhu Bay , and their total investment adds up to 134 billion yuan. Once completed, they are expected to cluster a batch of enterprises in fields of financial service, smart transportation, international trade and technological innovation, and speed up the district’s planning to build Mingzhu Bay a commercial center of the Guangdong-Hong Kong-Macao Bay Greater Area.

Being a key component of Nansha Free Trade Zone, Mingzhu Bay area is positioned as a pilot area to develop financial businesses and foster advanced service industries such as headquarters economy, financial services, technological innovation and trade service.

Lingshan Island is a key development area of Mingzhu Bay and the construction of its fundamental infrastructure has been already completed. Thus far, it has clustered a large number of headquarters and financial projects from leading enterprises such as China Communications Construction Company, Guangdong Transportation Group and Yuexiu Group in the east while completing some of the residential projects in the west this year.

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