1+ trillion yuan! 436 key construction projects to land in Foshan
Foshan China 2022-03-25 09:29

From March 21st – 22nd, 2022 provincial key construction plan in Guangdong was revealed. In 2022, Foshan has 436 key construction projects in total, including 173 provincial projects and 263 municipal projects. With a total investment of over 1 trillion yuan and an annual investment of over 110 billion yuan, this plan has broken the historical record both in the number of projects and overall investment. 

 

 

According to the 2022 Plan of Key Construction Projects in Guangdong Province (hereinafter referred to as “Plan”), there are 1,570 provincial key projects worth 7 trillion yuan. Upon that list, Foshan has 173 projects (over 10%) with an overall investment of 786 billion.  

 

The projects covered vast areas, including 46 fundamental facilities-related, 106 industries-related, and 22 livelihood-related.  

 

Stated by the plan, Foshan will further improve the construction of fundamental facilities, typically about roads and railway traffic, for instance, Guangzhou Metro Line 7 (Shunde Section), Guangzhou-Foshan Road, etc. 

 

Recently, apart from stimulating the transformation and upgrading of traditional industries, Foshan also continuously accelerates the cultivation of new industries, and a large number of projects have been included in the provincial key construction projects.  

 

Author | Eddie, Eleanor 

Revisor | Jersey