Guangdong to invest 1 trillion RMB in provincial key projects in 2023 2023-02-03 12:00

Guangdong has arranged 1530 provincial key projects with a total investment of 8.4 trillion RMB in 2023, with the annual investment planned to reach 1 trillion RMB.

The Shenzhen-Zhongshan Bridge, a super sea-crossing project integrating bridges, islands, tunnels, and underwater channels. (Photo/Nanfang Daily)

At the provincial conference on high-quality development on January 28, Ai Xuefeng, director general of the Guangdong Provincial Development and Reform Commission and director general of the Guangdong Provincial Office of the Leading Group for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, made the announcement.

According to Ai, in 2023, Guangdong will facilitate the less developed eastern, western and northern parts of Guangdong with the industrial strengths of the Pearl River Delta, while completing the construction of major infrastructure projects such as the Guangzhou-Shanwei-Shantou High-speed Railway.

“We will also develop the GBA into an international scientific, technological and innovation centre. The department will strive to ensure a more-than-5-percent increase in Guangdong’s GDP and an 8 percent increase in fixed-assets investment,” said Ai.

Ai also revealed that Guangdong has plans to ensure a double-digit growth in infrastructure and industrial investment.