Jiangsu ensures flying start in major project construction

East China’s Jiangsu province has stepped up the construction of major investment projects and ensured their smooth progress through every possible effort so as to ensure a flying start for social and economic development in 2024. JSBC has the story.

At Jiangsu Liyuan Heavy Industry Machinery Co., Ltd. which is an enterprise in Jiangyan High tech Zone of Taizhou, workers have kept working overtime every day to produce a batch of conveyors that will be shipped to Japan.

“Our main products are currently exported to Japan and the United States. Our orders have reached around 100 million to 120 million yuan and production has been scheduled for the second half of 2024,” said Lu Weiping, General Manager of Jiangsu Liyuan Heavy Industry Machinery Co., Ltd.

Jiangsu Shuguang Huayang Drilling Tool Co., Ltd. has managed to keep all the CNC lathes running. In recent years, the company has vigorously expanded into international markets such as the Middle East, Europe and America. It is expected that this year's international market share will reach 30%, doubling from 2023.

“Our orders for this year have been scheduled for June, with an order amount of approximately 300 million yuan. It is expected that our invoiced sales will reach 600 million yuan this year,” said Xu Shulin, Deputy General Manager of Jiangsu Shuguang Huayang Drilling Tools Co., Ltd.

Statistics show that in 2023, Jiangyan District of Taizhou City completed industrial invoicing sales of 88.74 billion yuan, with an added value of 21 billion yuan for industries above designated size, and created 13 national level specialized, refined, innovative and novel "little giant" enterprises.

In the Lvsi Port Economic Development Zone of Qidong, Jiangsu Weihua Marine Heavy Industry Co., Ltd. is operating at full capacity to ensure the smooth delivery of overseas orders such as shipbuilding gantry cranes and hoppers.

With an annual production of over 600 port machinery and high-end marine equipment, Weihua is the first major industrial project with an investment of 10 billion yuan in the Lvsi Port Economic Development Zone in Qidong. The annual output value of the project can reach 20 billion yuan, while creating more than 2000 jobs.

“At present, we are fully committed to exploring new overseas markets, with fulfilled orders worth 1 billion yuan and tracking projects worth nearly 1 billion yuan,” said Xi Lu, President of Jiangsu Weihua Ocean Heavy Industry Co., Ltd.

The Yihai Kerry Qidong Lusigang Golden Dragon Fish Food Industry Park project plans to invest 10 billion yuan to build a comprehensive grain and oil processing project, including special grease. The project will be of great significance to the Yangtze River Delta market by becoming the largest comprehensive grain and oil processing base in East China.