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Hechi sees $1.5b investment in major projects in Q1

By (chinadaily.com.cn)
2021-04-19

A total of 39 of Hechi's major projects, at both the autonomous region and city levels, had begun construction by the end of March, laying a solid groundwork for the successful development of the city's projects in the first quarter of 2021.

Hechi sees $1.5b investment in major projects in Q1

The Macalline under construction in Hechi. [Photo/Hechi Daily]

Six projects have been completed so far, giving the city a completion rate of 10.2 percent. An overall investment of 11.05 billion yuan ($1.5 billion) has been delivered, accounting for 27.6 percent of the annual plan.

Hechi sees $1.5b investment in major projects in Q1

The construction site of Liujia-Bagong secondary tourism road in Jinchengjiang district. [Photo/Hechi Daily]

Of the total investment, the investment in major projects at the regional level is 3.3 billion yuan, comprising 36.5 percent of the annual figure. Meanwhile, the number for major projects at the municipal level is 7.75 billion yuan, around 25 percent of the annual target.

Hechi sees $1.5b investment in major projects in Q1

The ASEAN International Cocoon Silk Trading Center in Yizhou district. [Photo/Hechi Daily]

It is estimated that Hechi has invested more than its target figure for the first quarter, which stood at 10 billion yuan.

Hechi sees $1.5b investment in major projects in Q1

The construction site of Chuanshan- Xianan road. [Photo/Hechi Daily]

Hechi is located in the northwestern part of Guangxi Zhuang autonomous region and the southern foothills of the Yungui Plateau.