|
|
 |
|
Viewing report
|
|
|
|
Beijing Tongzhou Economic and Technological Development Zone
China Knowledge Press, June 2011, Pages: 25
Beijing Tongzhou Economic and Technological Development Zone (Beijing Tongzhou ETDZ) rated “BB” by China Knowledge in a research report on China’s industrial real estate published today. The ETDZ was established by the Beijing municipal government in 2006 and covers an area of 7.2 sq km. It is a municipal-level park.
The ETDZ is located in Tongzhou District. It is 30 km east of the city center, 30 km from Beijing Capital Airport and 130 km from Tianjin Port. The city’s Sixth Ring Road, Beijing-Tianjin Road and Beijing-Shenyang Expressway pass by the ETDZ.
The pillar industries of the ETDZ are new materials, pharmaceuticals, electronics, and fine chemicals. The ETDZ consists of two zones: the eastern zone and the western zone. To date, 233 companies have invested in the zone. They generated total revenue of RMB 7.1 billion in 2008.
The eastern zone is situated in Xiji Town. Since the founding of Xiji Development Zone, the predecessor of the eastern zone, 45 companies have invested in the zone, realizing total cumulative revenues of RMB 2.6 billion. The eastern zone focuses on high-tech industries and export-oriented industries. Switzerland’s Georg Fischer is a major foreign investor in the eastern zone. Its factory in the ETDZ was set up in 2007, with an investment of RMB 300 million.
The western zone is located in Zhangjiawan Town of Tongzhou District. It covers an area of 2.78 sq km. So far, 212 companies have established businesses in the western zone. Major investors include the U.S.’s PPG, Japan’s Asahi, France’s Elf Atochem, Germany’s Softing and Ottobock, and Malaysia’s Lion Group.
Industrial parks rated BB are considered attractive at a below-average level. Industrial parks with this rating are typically either in the development stage or are lacking certain important elements. There are 50 with BB rating among 254 national and municipal level industrial parks.
|
|
|
|
