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Construction on Pan-semiconductor Industrial Park starts in WEDZ

Updated: Oct 30, 2024 en.whkfq.gov.cn Print
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A rendering of the Pan-Semiconductor Industrial Park in the Wuhan Economic & Technological Development Zone (WEDZ)'s Comprehensive Bonded Area. [Photo/WeChat account: whkfq] 

Construction has begun on the Pan-Semiconductor Industrial Park in the Wuhan Economic & Technological Development Zone (WEDZ)'s Comprehensive Bonded Area. 

According to a facility representative, the industrial park is expected to be completed by the first half of 2026. 

The 340-million-yuan ($47.69 million) industrial park will cover a total construction area of around 72,000 square meters and feature two office and pilot plant buildings, five production plants, and two warehouses. 

The facility will establish a core industrial chain centered on semiconductor materials, integrated circuit chips, and sensors, extending to high-tech industries such as automotive electronics, new energy, and smart terminals. 

Several companies, including Laibao Group and Golden Birch, have already expressed their intention to settle in the park. 

A representative of the bonded area noted that the industrial park will complement the already established processing trade and cross-border e-commerce industrial parks within the area. This will accelerate the aggregation of emerging industries such as new energy, new materials, and new equipment, further enriching the park's foreign trade landscape and driving its transformation and upgrading. 

WEDZ is accelerating the establishment of a modern industrial system, focusing on breakthrough development in strategic emerging industries such as intelligent connected vehicles, new energy, and new materials. It has already nurtured several semiconductor industrial chain enterprises, including Hubei Dinglong Holding Co, Zhixin Semiconductor Co, ECARX Group, and SiEngine Technology Co.

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