Haikou Jiangdong New Area signed a total of 25.768 billion yuan contracts from January to July

On August 20, 2021, Haikou Jiangdong New District signed 9 projects with a total investment of about 2.04 billion yuan, among the enterprises, two are Fortune 500 companies.

From January to July of 2021, Haikou Jiangdong New Area signed a total of 25.768 billion yuan of intent contracts.

As one of the 11 key parks in the Hainan Free Trade Port, Haikou Jiangdong New Area has been focusing on the service, headquarters, and airport economies.

Since the beginning of 2021, it has carried out multiple investment promotion activities through a number of channels.

The activities have been quite successful in promoting both the headquarters economy and the construction of industrial projects. The airport industry cluster is beginning to take shape, and the carrier construction and business expansion are also progressing.

On August 18, Haikou City transferred the use rights of 2 state-owned pieces of land in the Jiangdong New Area Headquarters zone. A total land area of 2,5939.1 square meters. Two fortune 500 companies under the JD.com group successfully acquired the land to build a JD.com supply chain headquarters.

“JD Hainan Supply Chain Headquarters settling in the Haikou Jiangdong New Area, will drive the development of regional modern service industries, promote the frowth of consumer boutique industries, digital smart industries and new financial industries in the Haikou Jiangdong New Area, and help the construction of Hainan International Tourism and Consumption Center.” Spokesperson from Haikou Jiangdong New Area Administration.

On August 20th, 2021 (fourth batch) key project signing activity of the Hainan Free Trade Port, Haikou Jiangdong New District signed a contract with two Fortune 500 companies, Shaanxi Coal Group and France Post Group.

Among them, Shaanxi Coal Industry Chemical Industry Co. Ltd. a wholly-owned subsidiary of Shaanxi Coal Group plans to build a Shaanxi Coal Regional Center in Jiangdong New Area, to carry out international and domestic trade, offshore trade, finance and logistics among other businesses. Yuxun International Logistics (Hainan) Co. Ltd. is a subsidiary of France Post.

Jiangdong New District will build a headquarters economy cluster in the CBD area and Maya Binhe Business District. The target businesses they wish to attract are from offshore trade, international trade, cross-border investment and financing, and financial services industries as well as attracting companies to settle their headquarters in Jiangdong.

From January to July this year, 12 of the world’s top 500 companies were added to the Haikou Jiangdong New Area, of which 6 were added to the headquarters economy category.

So far 10 enterprises have started construction in the CBD project, and 66 of the world’s top 500 companies are currently negotiating with Haikou Jiangdong New District.

Hainan Tiankun Private Equity Investment Fund Management Co. Ltd. settled in Haikou Jiangdong New Area and it recently issued a fund product – “Tiankun Core Intelligence Self-reliance Fund”, which became the first QFLP (Qualified Overseas) in the Hainan Free Trade Port.

“Tiankun Capital Tiankun Core Intelligence Self-improvement Fund will invest in the new generation of domestic information technology, digital economy, semiconductors and other new economic fields. At present, it has reserved several proposed investment projects and completed 2 due diligence projects. The investment will be completed before the end of the year.” Spokesperson from Tiankun Capital

In the future, Tiankun Capital will guide invested companies to land-related businesses in Hainan and serve the economic development of the Free Trade Port.

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Related article: Jiangdong New Area updates

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