Home>News

15 projects worth 8.54b yuan break ground in Ninghai

Updated:2019-11-20 (chinadaily.com.cn)

Print Mail Large Medium Small

A total of 15 investment projects worth 8.54 billion yuan ($1.27 billion) broke ground in Ninghai county of Ningbo, East China's Zhejiang province on Nov 19, local media reported.

The projects primarily focus on tourism, infrastructure and industrial parks.

One particularly important project will see the construction of a tourism resort town in Sanxing village in Shenzhen town.

With an investment of three billion yuan, the resort town will cover an area of 2,105 mu (140.3 hectares) and consist of a spring hotel, a spring spa center, and other leisure and shopping facilities.

The town's construction comes as part of efforts by local authorities to advance rural vitalization through the integration of tourism resources in the region.

Official data shows that Ninghai's fixed asset investment soared 14.7 percent from January to September, 7.3 percentage points faster than the average in Ningbo.

1.jpg

A total of 15 investment projects worth a total of 8.54 billion yuan ($1.27 billion) break ground in Ninghai county of Ningbo, East China's Zhejiang province on Nov 19. [Photo/cnnb.com.cn]