Breakdown of the 3rd batch of Hainan Free Trade Port projects launched

On September 13, Hainan Free Trade Port construction projects (the 3rd batch) opening events were held simultaneously across the province.

A total of 151 projects were launched with a total investment of 40.3 billion yuan.

The main event was located in the Haikou, Jiangdong New Area.

Speech by Liu Cigui, Secretary of the Hainan Provincial Party Committee on promoting high-quality and high-standard investment across Hainan
Mr. Liu Cigui, Secretary of the Hainan Provincial Party Committee and Director of the Standing Committee of the Provincial People’s Congress

Mr. Liu Cigui, Secretary of the Hainan Provincial Party Committee and Director of the Standing Committee of the Provincial People’s Congress, announced the launch of the project and Deputy Secretary of the Provincial Party Committee and Governor Mr. Shen Xiaoming delivered the key speech at the ceremony.

From the perspective of scale of investments, the initial projects will start with a total investment of more than 3 billion yuan, increasing to 4 billion yuan, accounting for 10% for all project investment.

Project Investment breakdown

There are 12 projects with a total investment of 1 to 3 billion yuan, totaling an investment of 17.3 billion yuan, accounting for 43% of all project investment.

49 projects with a total investment of 0.1 to 1 billion yuan, totaling an investment of 16.2 billion yuan, accounting for 40% of all project investment.

89 projects with a total investment of less than 0.1 million yuan, totaling an investment of 2.8 billion yuan, accounting for 7% of all project investment.

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Types of projects

The projects will cover areas such as, industrial development, “five networks” infrastructure upgrading, and people’s livelihood public services.

Among them there are 48 industrial development projects with a total investment of 22.9 billion yuan, accounting for 57% of all project investment.

37 “five networks” infrastructure upgrading projects, with a total investment of 8.2 billion yuan, accounting for 20% of all project investment.

There are 66 public service projects with a total investment of 9.2 billion yuan, accounting for 23% of all project investment.

At the ceremony, Bank of China, Haikou Jiangdong New Area Administration, and Datang Group Hainan Energy Company all committed to accelerating the construction of Hainan Free Trade Port.

According to reports, in the past two years, Hainan has launched a total of 1,169 projects with a total investment of 552.5 billion yuan, of which industrial development projects accounted for more than 59%.

Current round of projects

Bank of China International Financial Center Project

Provincial Road S203 Puwen Line to the Song Ancestral area reconstruction Project

National Road G540 Jiuwen line to Jiusuo section reconstruction Project

Hainan Lingshui Li ‘an International Education Innovation public education building (1ST Batch) Project

Hainan Lingshui Li ‘an International Education Innovation stadium Project

G98 Roundabout Expressway Renovation project,

Sanya Yazhou Bay Science and Technology City Section Project

Sanya City Avic Intl Dajiahui CBD Project

Danzhou Women’s and Children’s Hospital Project

Danzhou Binhai New Area Water Supply Project (Phase II)

Yangpu yearly production of 1 million tons of international edible oil products production Project

Yangpu Foreign Language School Project

Qionghai Baoli Shidai Business Center Project

Qionghai fly ash Landfill Project

Boao Jinyu International Medical Laboratory Center project

Boao Lecheng Kangzhuang Road Project (Phase 2)

Boao Lecheng Ya’an Street Project

Wenchang 300,000 Pigs, industrial chain Production Project

Wenchang, Jinshan Town Wenjin Primary School Complex Building Project

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