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Project Description
Project Name
Bearing and Gear Processing and Manufacturing Project in Laixi, Shandong Province
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Date
Project Type Other projects

Investment Mode
Other
Industry  manufacturing industry
Location shandong,Qingdao
Project Advantages
Project validity period Six months
Mark general 
Project properties encouraged
Estimated Investment
Total amount of project capitals 5000 Ten thousand U.S. dollars
Total amount of investment to be attracted 5000 Ten thousand U.S. dollars
Expected annual sales revenue  Ten thousand yuan(RMB)
Expected investment payback period  Year
Expected employment figure People
Project description
Description of environment protection

Description of investor conditions
Description of project contents
Project overview: In recent years, China’s auto parts exports have gradually gained international recognition, from supplying for foreign maintenance markets in early stages to joining transnational auto parts procurement programs of internationally renowned auto manufacturers. The project is to be located in Wangcheng Advanced Manufacturing Functional Area, Laixi. The functional area is located in the southern part of the urban area of Laixi, with a planned area of 52.6 sq.km. It has 8.48 sq.km of land for construction and 8.45 sq.km has been planned, which will be able to meet business needs. Construction machinery is the key industry for the development of this functional area. The area will be split into 7 major zones: the living service zone, financial service zone, Vocational Education Center for Qingdao, demonstration zone for the industrialization of technological achievements, logistics & warehousing service zone, machinery and equipment manufacturing zone and machinery parts processing and manufacturing zone. The function area boasts convenient transportation and a superior location. No.204 National Road runs from north through south. Laixi Railway Station is located here. The Qing Rong Intercity Railway and the Longkou–Qingdao Expressway pass through the area. It is 80 kilometers away from the Port of Qingdao and 45 kilometers away from the Qingdao Airport. The area features a complete range of supporting facilities and infrastructures. Qingdao Jimingmei Machinery Manufacturing, Borike Machinery and Qingdao Hexin Machine Tools are all large enterprises which operate within the area assembling and manufacturing bearings or gears. They have laid a foundation for the industry with good construction conditions. The area aims to attract investors to achieve an annual production of 5 million gearbox axles and gears. The total investment: to be determined according to the number of investors; the mode of cooperation: sole proprietorship, joint venture, cooperation or others.
Company/Organisation Contacts
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Copyright:Ministry of Commerce of the People's Republic of China
Sponsor::Investment Promotion Agency of the Ministry of Commerce
Address:28 Donghou Lane, Andingmenwai, Dongcheng District, Beijing
Tel:010-64404506       
Site Management:E-commerce and Information
Technology Division of the Ministry of Commerce
ICP Record No.:Beijing ICP 14022686
Postal Code:100710      E-mail:project@fdi.gov.cn