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Southern Coastal New Zone Approved As Provincial Economic Development Zone
Updated:2018-01-07 16:42:00

News came from Zhejiang Provincial Government that the proposal has been approved for building the southern coastal economic development zone of Ningbo as a provincial-level economic development zone.
The southern coastal economic development zone, located on the east of Ninghai County and to the north bank of the Sanmen Bay, is an important node area of the Hangzhou Bay industrial area and the Wenzhou-Taizhou coastal industrial belt, as well as a bridgehead for Ningbo's economic expansion to the Taizhou area. In July 2014, Ningbo established the government-appointed administration committee of the new zone. The zone has its unique locational advantages, with the Ningbo-Taizhou-Wenzhou coastal freeway (double track) to be put into use this year and the construction of such important passages as the general aviation airport of Ninghai County and the Tianwanshan Island Port being accelerated. It boasts a large development room with about 350 square kilometers of available land, including over 150 square kilometers available for use currently and about 87 square kilometers of reclaimed area, thus making it an important strategic land reserve for the future industrial development in Ningbo or even the whole province.
It is reported that after about eight years' development and construction, the southern coastal new zone has been equipped with more improved infrastructure facilities, more mature development conditions, and more solid industrial foundation. By focusing on such emerging industries as new energy auto, general aviation, biomedicine, new materials and precision molds, the new zone has made great efforts to develop smart and green manufacturing. So far, it has attracted the settlement of such featured industrial platforms as the Ninghai Smart Auto Town and Ningbo Mold Industrial Park. Meanwhile, it is accelerating the construction of such important platforms as the industrial base of Ningbo Bio-industry Park and the coastal aviation town. With the introduction of such high-quality projects as the Zhido Electronic Car with a total investment of two billion yuan, the Geely lightweight car body project with an investment of two billion yuan and Ningbo Qiyi Metal with an investment of US$240 million, the new zone is projected to maintain its development momentum.


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