Hefei Comprehensive Bonded Zone was approved to be established in 2014, the first of its kind in Anhui province, with total investment of more than 3 billion yuan ($443.1 million). It is 12 kilometers away from downtown and 35km away from Hefei Xinqiao International Airport.
In 2015, the zone started operation and signed five projects that year, with a total investment reaching 22.7 billion yuan. Of them, the 12-inch wafer project was the first project of the zone, with an investment of 13.5 billion yuan.
According to local officials, the zone is expected to enhance the city's attractiveness and competitive edge during opening-up, promote its export-oriented economic development and play a positive role in helping Hefei act as a sub-center city of the Yangtze River Delta.