Jinpu exceeds key project milestones in H1

[Photo by Piao Feng]

In the first half of this year, Jinpu New Area has made remarkable progress in its key project construction, surpassing significant milestones.

During the first six months, the region experienced a substantial 16.8 percent year-on-year increase in fixed asset investment. A total of 901 projects were planned, with a combined investment of 6,305 billion yuan ($86.82 trillion). Among these, 310 were ongoing projects with a total investment of 2,555 billion yuan, while 282 were in the planning phase with a combined investment of 560 billion yuan. In total, 516 projects either started or resumed construction, with a massive investment of 2,903 billion yuan. Among these, 206 were entirely new projects with a combined investment of 348 billion yuan, and an impressive 135 of them exceeded the billion-yuan mark, achieving 66.5 percent of the annual target.

Jinpu New Area signed contracts for 108 projects with domestic and foreign investors in H1, each valued at over one billion yuan, completing 68.8 percent of the annual target. Additionally, 58 projects with investments exceeding one billion yuan were successfully implemented by domestic and foreign investors, reaching 73.9 percent of the annual target for substantial investments.