Huawei constructing a 760,000 square meters industrial park with RMB 298 million investment

Huawei is preparing to construct a 760,000 square meters industrial park in Longhua district, says a report. Recently, this Shenzeng based firm has won a bid for industrial land with a bidding amount of 298 million yuan.

According to the reports, the company’s newly purchased project site is situated nearby Fucheng street, Longhua district, China. Furthermore, it’s being used for general purposes including the industrial park and road.

To be more precise, the building will cover a ​​763,600 square meter area while leaving the rest 514,857.79 square meter area. This will be the next innovative base of the company. Although the company numerous subsidies for operating its parallel business, the main purpose of buying this land is still unknown.

Furthermore, the reports show that the project land has been permitted under the A06 category for the new energy industry. In addition, it has a working span of 30 years. Meanwhile, the Huawei industrial park plan draft divides the entire site into four partitions that are mentioned below-

• Construction area of 763,000 square meters
• Factory building area of 616,000 square meters
• Launroom area of 55,000 square meters
• Residential places of 90,000 square meters

Apart from this, the reports also informed that Huawei and Longhua administration has already initiated this making this industrial park. Besides, it’s not the first time when the two parties are collaborating with each other.

In September 2020, both sned a strategic cooperation framework agreement to jointly promote the development of the digital economy in Longhua District. Moreover, the two parties are developing the “Smart Longhua” to provides a better lifestyle for the citizens.

Smart Longhua Collaboration:

As per the information, Huawei and Longhua government was constructing a digital economy pilot zone. It further includes a high starting point to promote the digital economy industrialization founded on new infrastructure.

It targets to promote the digitization of traditional industries while using innovative IT solutions. This project has high requirement needs for establishing an innovative base. Overall, this project wants to higher the level of digitization and intelligence of Longhua enterprises.

At the same time, it promotes the innovation and development of Kunpeng and Shengteng industries while cultivating a high-standard Kunpeng talent training base. Furthermore, this project shows a smart city Longhua ecology to jointly move further with new technologies.

(Source- Chinese laoyaoba)