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Hechi starts and concludes 51 projects in Q2

By (chinadaily.com.cn)
2020-07-08

In the second quarter of this year, Hechi started and completed 51 construction projects, with a total investment of 6.84 billion yuan ($975.02 million). Among them, Yizhou district has opened and completed 14 construction projects, with a total investment of 1.62 billion yuan. The district's number of projects and the amount of investment are in the forefront of the city.

The Yizhou Commercial Logistics City project was officially started. The project forms a comprehensive commercial logistics city integrating trade, exhibition, and e-commerce services. After the project is completed, it will be able to accommodate 500 to 800 merchants, with an estimated annual turnover of about 800 million yuan, generating tax revenue of about 80 million yuan, as well as providing 2,000 to 3,000 jobs.

All counties and districts in Hechi will take the opportunity to expedite project construction, ensuring the full completion of the annual goals and tasks of project construction, as well as striving to maintain the city's COVID-19 epidemic prevention and control while achieving economic and social development.

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