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Xi' an ETDZ fully demonstrated its appeal to outside investments on the Fair of Cooperation on Investment and Trade Between the West and East Regions of China . It was learned that the ETDZ has signed contracts with 48 companies including Beijing Capital Co. Ltd, Beijing Vianet , China Aviation Industry Corporation ¢ñand Huatian Microelectronics , the total contractual value reached 32.3 billion Yuan . The 45 contracted projects had a total investment of 20.2 billion Yuan , with an average investment for each project of 450 million Yuan .
Xi'an ETDZ adopted a strategic approach of inviting investments, highlighting its advantages in leading development concept, scientific industrial planning, strong development momentum and solid industrial foundation . The contracted projects were closely connected to the strategic objective of investing 100 billion Yuan to build an advanced manufacturing base of world class , and building a new central area of Xi'an and covered the key areas of information service outsourcing , machinery , electricity and electronic , energy and chemical engineering , food , wind power equipment , aircraft parts as well as storage and logistics . These investments concentrated in the leading industries and urbanization construction with distinct characteristics of huge investment , promising prospects and outstanding driving effects for relevant industries , fully demonstrating the regional industrialization and urbanization's appeal to and integration of resource .
Beijing Vianet Wideband Data Co. Ltd will cooperate with Shanxi Telecommunication to invest 500 million dollars on the project of Information Service Outsourcing Industrial Park ,making full use of the favorable policies in the export processing zone and the advantages of the centralization of many world-known companies in the zone to provide outsourcing business to government , scientific institutions and enterprises of medium and large scale . The project was expected to realize a turnover of 500 million Yuan and service added value of 80 million Yuan .
The integrated circuit production project invested by Tianshui Huatian Microelectronics with 600 million Yuan was expected to produce 5 billion pieces of integrated circuit per year , and the 150 million Yuan's integrated circuit testing project invested by Shenzhen Gongda will focus on testing ,designing production and sale of integrated circuit . These projects will further promote the scale of the electronic industry in the ETDZ and the cluster effect which have been greatly improved in recent years by the establishment of some Fortune 500 companies including Simenz , Hitachi,, Mitubish,, ABB , Alstom and domestic big names as West Electricity Group, Yongji electric machinery etc. Xi'an ETDZ is becoming an area which has the most intensive investment in electrical and electronic industries , the most advanced technologies , and the most powerful crowding effect in Shanxi Province.
The City Syntheses of Beijing Capital Co. Ltd, Yuehua Phoenix City and the rebuilding of incity villages of Hong Kong Gangyaoli Company will bring in investment of 9 billion Yuan and introduce in world class designing concept and management mode , which will expedite the process of regional urbanization and internationalization .
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