On September 1st, Guangdong Yuehai Fuhai Investment and Development Co. Ltd (hereinafter referred as to “Yuehai Fuhai”) has acquired the land at Songxia Industrial Avenue. With a total area of 136 thousand square meters, Yuehai Fuhai will invest 3 billion in building one demonstration zone of intelligent manufacturing technologies.

According to the blueprint, Yuehai Fuhai will adopt the strategy of “Base + Fund”, meaning there will be fund provided to companies in relevant areas like industrial robots and 3D printing equipment.

The project is expected to start construction from the end of September, and complete by September 2024. Currently, there are 20 companies willing to settle. The number of companies will increase up to 100 in the future.

Author | Eddie

Reviser | Jersey, Eleanor