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It's Happening....

2nd phase of Ningbo Mould Industrial Park starts construction

The opening ceremony of the 1st phase of Ningbo Mould Industrial Park as well as the groundbreaking ceremony of the 2nd phase was held at Ningbo Southern Coastal New Zone on the morning of July 24. So far, the first phase of the park has been completed and put into use, with the business introduction rate of about 70%. The second phase covers an area of 385 mu, with a starting investment of 380 million yuan. Upon completion, the second phase will help to build the park a new highland of the industry by realizing the seamless connection of mould industry and new-energy vehicle industry.

As a specialized complex project for the transformation and upgrading of the mould industry, jointly built by Ningbo Industrial Investment Group and Ninghai County Government, the industrial park covers a planned area of about 1500 mu, with a total investment of 3.2 billion yuan. The first phase of the park covers 404 mu, with a construction area of 250,000 square meters and an investment of 850 million yuan. After three years’ construction, the first phase has been completed and 210 businesses have signed the agreement for settlement (with over 70 having settled down), including such prominent enterprises as Jianxin Mould, ZD Vehicles, Xianglu Auto Parts, Jiaxiang Mould and Doppler Cabling, demonstrating an industrial agglomeration effect

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