A rendering of the new intelligent manufacturing industrial park in Waigang town in Shanghai's Jiading district. [Photo/jiading.gov.cn]
A new intelligent manufacturing industrial park that is currently under construction in Waigang town in Shanghai's Jiading district is expected to be completed by the end of August, local media outlets reported.
The park is expected to generate an annual output value of about 2 billion yuan ($277.32 million).
Gong Jun, the person in charge of the project, said that the park will gather enterprises from industries that are aligned with Jiading's industrial development orientation. They include auto parts and accessories manufacturing, sensitive components and sensor manufacturing, semiconductor device special equipment manufacturing, and water treatment equipment manufacturing companies.
Waigang Town has in recent years made significant strides in developing its intelligent manufacturing industry and promoting the transformation and upgrading of traditional manufacturing industries. This new park is expected to further highlight the agglomeration advantages of the intelligent manufacturing industry chain, form a high-quality park carrier featuring intelligent manufacturing, and inject new momentum to the economic development of Jiading.