The construction of 45 projects in SIP-Xiangcheng Cooperative Economic Development Area (SIP-XC CEDA) has been restarted after the Chinese New Year holiday. The construction workers have come back from the vacation, and the machines are rumbling.
There are a number of industrial projects. For example, the engineering plastics plant of RadiciGroup, with a total investment of US$45 million, is expected to complete in April, and its annual sales are estimated at about RMB820 million after it reaches the designed capacity.
The AMHS (automatic material handling system) plant of Daifuku Automatic Conveying Equipment (Suzhou) Co Ltd, with a land area of 46.7 mu (over 3 hectares) and a floor area of 33,000 square meters, is set to complete in July.
The lithium battery and motor drive system plant of Bafang New Energy (Suzhou) Co Ltd, with a total floor area of about 180,000 square meters, is scheduled to complete in December. Its main structure will be roofed soon.
There are also several projects concerning people’s livelihood. The construction of Caohu Culture and Sports Center has seen remarkable progress, so has that of a branch of Caohu Kindergarten and the Wonderland Sports Park.
February 7, 2023