Thirty-two projects with total investments of 22 billion yuan ($3.3 billion) agreed to settle in the Qingdao Economic and Technological Development zone of the West Coast New Area on Jan 7, Qingdao Daily reported.

The projects involve intelligent manufacturing, e-commerce, culture and new materials.

Among the 32 projects, 14 will settle in the Haier Information Valley, an industrial park set up by the Qingdao-based Haier Group. Another eight projects in marine and outsourcing industries will start businesses in the Qingdao OVU International Maritime Information Harbor.

The other projects include a robot industrial park, a petroleum engineering headquarters and an R&D center invested by South Korea’s SeAH Group.