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Ground-Breaking Ceremony for 422 Projects


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On the morning of February 12, CPC Suzhou Municipal Committee and Suzhou Government organized a group ground-breaking ceremony at Suzhou New District Science & Technology Town for 422 projects with total investment of 281.2 billion yuan, among which 11 with total investment of 4.6 billion yuan are based in Suzhou Industrial Park.


The design effect of Suzhou Public Distribution Hub

The breakdown statistics show that eight are 5-billion-yuan projects totaling 61.2 billion yuan and accounting for 22% of the total, with the biggest one recording 10-billion-yuan investment; 65 are projects of 1-5 billion yuan, with total investment of 123.3 billion yuan and accounting for 44% of the total amount; 349 are less than one-billion-yuan projects with total investment of 96.7 billion yuan and accounting for 34% of the total. 

By industries, 53.1% and 224 are rising sectors including environment, new energy, new materials, and software, with total investment of 107.6 billion yuan and accounting for 38.3% of the total; 133 are service projects with total investment of 135.7 billion yuan; 47 are infrastructure projects with total investment of 40.8 billion yuan; 34 are affordable housing, agricultural modernization, and ecological improvement projects with total investment of 33.7 billion yuan.


The design effect of Suzhou West Bus Station & Business Complex

The infrastructure projects include SIP Xinggang Street tunnel, Xiandai Avenue underground pass, Gate of the Orient Station of Rail Transit Line 3, the public parking lot and green area to the east of Xinggang Street, as well as the overpass of Xinggang Street. With total investment of about 2.8 billion yuan, these facilities will be available for services by the end of 2016.

Originally published on Suzhou Daily
February 13, 2014