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Viewing report
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Chongqing Rongchang Industrial Park
China Knowledge Press, June 2011, Pages: 25
Chongqing Rongchang Industrial Park (Chongqing Rongchang IP) rated “BB” by China Knowledge in a research report on China’s industrial real estate published today. The industrial park was approved and established by the Chongqing municipal government in 2002 as a municipal-level development park.
The industrial park is located in Rongchang County, which is situated in the western part of Chongqing. Rongchang County is 88 km from Chongqing’s downtown and 246 km from Chengdu, the capital of Sichuan Province. The Chengdu-Chongqing Railway and the Chengdu-Chongqing Provincial Highway traverse the county from west to east. There are four railway stations located in the county. Chongqing Rongchang IP’s transportation system mainly relies on highways and railways.
Rongchang County is rich in coal and natural gas. The county has coal reserves totaling 100 million tons and natural gas reserves totaling 10 billion cu m.
According to the development plans for Chongqing Rongchang IP, it intends to invest a total of RMB 1.2 billion in infrastructure construction by the end of 2010 and is expected to realize industrial output of RMB 3 billion the same year.
There are three subsidiary parks: Banqiao Industrial Park, which has an area of 11 sq km, Dujiaba Industrial Park, which has an area of 1 sq km, and Guangshun Industrial Park, which has an area of 1 sq km.
Chongqing Rongchang IP’s pillar industries are machinery, biopharmaceuticals, feed products, food processing and lighting products. Approximately 100 enterprises have set up businesses in the park.
Banqiao Industrial Park is the largest and most important subsidiary park. The National Western Lighting Industrial Park, which has a land area of 6 sq km, is situated in Banqiao Industrial Park adjacent to the entrance to Chengdu-Chongqing Freeway 3 km from Rongchang Railway Station. Its total investment amounts to RMB 6 billion. Lighting enterprises such as Yuanxin Electric Appliance, Rongchang Jinlong Glass Instrument, Shanghai Huasheng Enterprise (Group) and NVC Lighting have established a presence in the park.
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.
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