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It's Happening....

Construction starts for Hangzhou Bay Coastal New City

The ground-breaking ceremony of the five major projects, including the headquarters of Fotile and the Binhai Primary School, with a total investment of 4.3 billion yuan, was held on the morning of October 12 at the Hangzhou Bay area, marking the start of the construction of the Coastal New City of Hangzhou Bay New Zone.

The new city is located to the two sides of the southern bank of the Hangzhou Bay Bridge. With a total planned area of 78 square kilometers and a first-phase construction area of 12.8 square kilometers, and with the concept of "walking distance, international ideas, urban production and accessible implementation", the new city will include three theme towns, three theme lakes and three theme forests, integrating such facilities as enterprise headquarters, R&D centers, cultural parks, business complexes, business buildings, high-end education, high-end housing and cultural entertainment.

As is reported, the coastal new city boasts production-city-people integration in its function, smart economy cultivation in its industrial development and internationalization in its development standard. To build a demonstration of new town for the 21-century China, it will be built as a dream home for new ventures and innovation, an attractive tourist town and an elegant garden community.

So far, some major projects have settled down in the coastal new city, including the China Mobile Information Industrial Park, the headquarters base of Fotile, the business building block and the Binhai Primary School, with a total investment of over seven billion yuan.

The largest project this time is the headquarters base of Fotile. With an investment of three billion yuan, it will be built as a comprehensive headquarters park integrating such functions as internet operating, marketing, administration, e-business, call center, R&D, cultural spreading, education and training, exhibition and show, and living recreation. The Binhai Primary School is also an important livelihood project. With an investment of 234.5 million yuan, the school will be built as a 60-class (with 45 students for each class) six-year primary school in line with the internationalized standard. The other three major infrastructure projects include the public work of the Jinyuan Avenue, the public work of the Hangzhou Bay Avenue and that of the eastern section of the No.6 Binhai Road.

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