Over 80% major projects of the year completed
- Details
- Category: Ningbo News
- Published: Monday, 08 July 2013 10:11
A batch of major projects started as scheduled with the promotion of investment. It is learned that 46 of the 57 projects that were scheduled to start in the first six months are under construction, including the fast track on Guangdehu Road, the wind farm in Yinzhou District and the Cizhong School. Till the end of May, the investment on the key projects of Ningbo amounted to a record high of 43.6 billon yuan, up by 36 percent against the same period of last year.
It is learned that the investment to the major industrial projects from January to May stood at 20.5 billon yuan, an increase of 44.4 percent. The scale of investment accounted for nearly half of the total investment for major projects. A large portion of the investment goes to the livelihood areas, with many of the projects that concerned the benefits of citizens starting off smoothly, including the Sunshine City household for senior citizens, the welfare home in Jiangdong and Ningbo Culture Square etc. In addition, Pujia public rental housing, Yingjia affordable housing and the Talent Apartment in Xiangshan also progressed in good order, with 1,811 sets of houses completed at present. From January to May, the investment of major livelihood projects in Ningbo added up to two billion yuan, nearly doubled against the same period of last year.
A number of major projects were completed recently, including the Ningbo Section of the Hangzhou-Ningbo high speed railway that is put into operation on July, 1st, the auto project of Shanghai Volkswagen whose first car will be ready for sale in the near future.
