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Dalian Export Processing Zone
China Knowledge Press, June 2011, Pages: 25
Dalian Export Processing Zone (Dalian EPZ) rated “BBB” by China Knowledge in a research report on China’s industrial real estate published today. The EPZ was among the 15 processing zones set up in China in 2000. It is under the administration of Dalian Economic and Technologic Development Zone.
Neighboring Dalian ETDZ, Dalian EPZ is located next to Dalian Free Trade Zone, which is adjacent to Dayaowan Container Port and Double D Port. Dalian EPZ consists of Zone A and Zone B. Zone A commenced operations in 2001, and Zone B opened in 2007.
Dalian EPZ enjoys preferential policies such as exemptions from tariffs. There are 24-hour customs services for imports and exports. Production enterprises, warehousing and transport companies are allowed to set up in Dalian EPZ. However, trade companies are not permitted to do so.
Zone A covers an area of 1.5 sq km. Its major industries include home appliances, machinery, building materials and medical equipment. Haier, Iris Home Appliances, Koyo Bearings, Dow Silicon, Lingxing Auto Parts, Maituo Furniture, and Nemoto Chemicals are the major investors in Zone A. Among them, Qingdao-based Haier is the largest company. Haier Industrial Park, located in Zone A, is capable of producing 1 million refrigerators and 1 million air-conditioners each year, mainly for export.
Zone B has an area of 1.45 sq km. It was specially set up for Intel, which launched a US$2.5 billion project in 2007. The factory produces processors using 65-nm technology.
Industrial parks rated BBB are considered attractive at an average level. They have less-than-adequate investment conditions and may have some flaws. They may be promising industrial parks but there are uncertainties regarding future development. Most of these are industry specific theme park that caters to fewer industries. There are 60 such BBB rating out of 254 national or municipal-level industrial parks where many are seeking to transform or upgrade its facilities to attract new economy industries.
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