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"Banned-Plastic" Substitution Industry Cluster Project

Updated: investhainan.cn

Project Name

Haikou National Hi-Tech Industrial Development Zone "Banned-Plastic" Substitution Industry Cluster Project

Project Location

Haikou National Hi-Tech Industrial Development Zone, Hainan province

Industry

The Secondary Industry

Investment Scale

Undefined

Construction Period

Commencement period: Year 2020

Follow-up construction and development period: Year 2021-2025

Project Type

Undefined

Investment Mode

Undefined

Publishing Date

2020-08-13

Project Description

1 Positioning and Functions

In Yunlong Industrial Park, we plan to build the "banned-plastic" substitutes industry cluster area and simplify the approval procedures for "banned-plastic" substitute production projects. This will be done by prioritizing the supply of water, electricity, gas and other utilities and facilities; strengthening the combination of production and usage; increasing investment attraction; linking market demand and industrial development; promoting the development of "banned-plastic" substitute industries in the park cluster; giving full play to the advantages of geopolitics and the Hainan Free Trade Port policy; aiming at the global technological frontier, and cultivating new business services for the bio-plastic industry. The goal is to create an internationally renowned gathering area and industrial demonstration base for “banned-plastic” substitutes.

2 Goals and Targeted Investors

In 2020, the project's industrial function planning was completed and two companies specializing in “banned-plastic” substitutes were set up. The partial assembly line was shut down at the end of 2020. Also, the Chinese Academy of Sciences Engineering Plastics National Engineering Research Center set up a Hainan branch in Haikou. In the following years, approximately 10 companies and R&D institutions will form a well-known domestic and foreign “banned-plastic” substitutes gathering area with a production capacity of 300,000 tons of biodegradable plastics and 100,000 tons of biomass fiber products. Thus, it will not only meet the Hainan “banned-plastic” replacement demand but also provide a sufficient supply for export.

The targeted investors are: domestic and foreign companies producing and selling biodegradable plastics and biomass fiber products.

3 Analysis of Strengths

(1) Preferential Policies

★Maximum personal income tax for talents is 15 percent;

★Encouraged enterprises are subject to 15 percent corporate income tax;

★Imported production equipment for enterprises is exempt from import duties, import value-added tax and consumption tax;

★Raw materials imported for production are exempt from import duties, import value-added tax and consumption tax;

★Enterprises in tourism industries, modern service industries, and high-tech industries are exempt from corporate income tax on newly-increased foreign direct investment income before 2025;

★Corporate capital expenditures can be deducted or accelerated depreciation and amortization at the same time;

★Convenient visa-free entry policies;

★Implementation of negative list management system for foreign talents’ work permit;

★Free and open cargo in-and-out policy greatly facilitates the project's international logistics function.

(2) Industrial advantages

The implementation of the "limited plastic usage" policy has brought huge market space for fully biodegradable plastics. These plastics are biodegradable and part of the raw materials can be recycled; they are important substitutes for traditional plastics. Against the backdrop of the global "limited plastic usage" wave, the industry will have huge market potential and development space. The construction of the Hainan Free Trade Port has created a golden opportunity to promote the province’s plastics ban and the development of the entire biodegradable plastic industry in the province. In addition, the petrochemical industry in Hainan province is developing rapidly and the industrial chain is constantly being improved. Also, a group of traditional plastic product manufacturers have gathered in the province, achieving rapid transformation and development and providing a basis for the upstream and downstream development of the fully biodegradable plastics industry.

4 Project planning and supporting facilities

(1) Current plot

The site-selection situation is shown in the figure. According to the current plan, the available industrial land area at the selected site is about 20 hectares, which meets the current demand. If there is further land demand for subsequent development, the industrial land area can be expanded to about 33.3 hectares.

(2) Surrounding construction and supporting facilities.

Yunlong Industrial Park follows the development pattern of "one city and seven parks" in Haikou National Hi-Tech Industrial Development Zone. It is located in Yunlong Town, a suburb of Haikou city that is close to Meilan Airport, and to the west of the village border on the western side of Yunlong Town. It is to the east of Haiyu East Line of the National Highway, to the south of Yunlong Town, and to the northern boundary of Delta Golf Course. The planned land area totals 473.95 hectares with the total construction area totaling 461.2 hectares. Of which, the industrial land area is 270.66 hectares, accounting for 58.68 percent of the total construction area; the residential land area is 64.71 hectares, accounting for 14.03 percent of the total construction area; 86.41 hectares of land is allocated for municipal and public facilities, accounting for 18.74 percent of the total construction area; 39.42 hectares is allocated for green space and other uses, accounting for 8.55 percent of the total construction area. The park’s infrastructure includes water supply and sewage treatment plant projects. Currently, a water supply plant has been built with a water supply capacity of 5,000 tons/day and a long-term scale of 25,000 tons/day. The sewage treatment plant has a treatment scale of 10,000 tons/day in the short term and 20,000 tons/day in the long term. At present, the water supply plant’s treatment equipment capable of 5,000 tons/day has been put into use. Also, the constructors of the power-supply project have built a 10-kV dedicated power supply line outside the park and one 10-kV station that can meet the power demand of enterprises in the near future. Workers have also completed the migration of the two high-voltage lines (220 kV\110 kV) in the park. Equipment installation has been completed at the Yunlong 110-kV substation and it is in the process of debugging. Pipes with a diameter of DN250 have been laid in the park to meet its gas needs. The park’s communication pipelines are being implemented simultaneously with road construction.

(3) Mechanism Guarantee

Firstly, the guaranteed stability of the system and mechanism, the continuous reform of the park’s system and mechanism, the improvement of work efficiency, and the establishment of a high-quality development platform;

Secondly, the guarantee of service, which implements a target management responsibility system in accordance with the service concept of “do it right now, do it well,” and revolves around the implementation of "nanny" services such as approval services, policy implementation, recruitment of talents, and life-support services.

Project Owner

Haikou National High-tech Industrial Development Zone

Contact

Tel: 0898-65580871, 65580105

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