Sany Housing Industrialization Science & Technology plans to spend 3 billion yuan ($447 million) to build an 800-mu (53-hectare) green building industrial park in the Lianjiang Jinshan Industrial Zone, according to an agreement signed on July 18.
Sany Group is the largest concrete machinery manufacturer, and sixth largest construction machinery manufacturer in the world.
As a subsidiary of Sany Group, Sany Housing Industrialization Science & Technology specializes in precast concrete components, engineering procurement construction and real estate operations, and is committed to transforming the traditional building industry.
Relying on the company's resources and expertise, the green building industrial park will mainly engage in design, research and development, talent cultivation, productivity construction, and the establishment of management platforms related to construction machinery and construction robots. The first section of the park will cover 400 mu and cost 1.6 billion yuan.
In the first half of this year, Lianjiang, a county-level city of Zhanjiang, has made great headway in attracting investment. As of June 30, 15 projects, each valued at more than 10 million yuan, had settled in Lianjiang and brought in 12.9 billion yuan. These projects include the Land Port Industrial New Town, Seaborne Pastoral Tourism, and Crocodile Education Theme Park.