Construction begins on major projects in Zhangjiang Science City

english.pudong.gov.cn Updated:2020-02-28

Zhangjiang Science City in Pudong New Area signed 30 new projects into effect and began construction on 20 projects on Feb 27.

The 50 projects, worth 36.4 billion yuan ($5.21 billion), focus on innovation, R&D, integrated circuits, bio-pharmaceuticals, artificial intelligence and urban improvement, among other areas.

They include the establishment of several corporation headquarters, R&D centers and labs, and the expansion of several bio-pharmaceutical companies and aim to boost innovation and industrial development.

Several houses, supermarkets, and roads will be built to improve local infrastructure.

At the project signing ceremony, company representatives expressed their respect and gratitude to medics fighting against the novel coronavirus on the frontlines and donated supplies.

Since January, companies in Zhangjiang Science City have donated materials worth a total of 100 million yuan. Some have even worked extra hours to produce goods needed for epidemic control.

While fighting the epidemic, Zhangjiang Science City has also made efforts to develop the economy by attracting projects and offering services to companies.