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Yichang Comprehensive Bonded Zone

investinchina.chinadaily.com.cn Updated: 2020-08-17
Yichang Comprehensive Bonded Zone[Photo/yichang.gov.cn]

The Yichang Comprehensive Bonded Zone was approved by the State Council on Jan 9, 2020. Since the project started in June 2018, the application and construction of the Comprehensive Bonded Zone has gone hand-in-hand with efforts to attract investment.

As of May 2020, 90 percent of the total construction has been completed, including 400,000 square meters of the standard plant area, the podium structures of the main building, inspection storehouses and passage check points.

The Yichang Comprehensive Bonded Zone currently has 30 reserved projects with a total investment of 8.4 billion yuan ($1,198 million), as well as a proposed plant area of 300,000 square meters.

The sales volume of the zone is expected to reach 10.2 billion yuan per year, with the import and export volume expected to reach $1 billion. In addition, there is still a number of projects waiting to be signed.