Abstract The reporter learned from the Municipal Key Project Management Office yesterday that in the first half of the year, Xinwei Auto Parts Production Project completed an investment of 85.5 million yuan, accounting for 113.85% of the planned investment target for the whole year. It is reported that the Xinwei auto parts production project is the focus of the city last year and has already exceeded its annual target ahead of schedule. This achievement reflects strong progress and effective management in the city’s key infrastructure initiatives.
The reporter learned from the municipal key project management office yesterday that in the first half of the year, Xinwei Auto Parts Production Project completed an investment of 85.5 million yuan, accounting for 113.85% of the planned investment target for the whole year.
It is reported that Xinwei Auto Parts Production Project is a key project of the automobile and parts industry that the city launched last year. The total investment is planned to be 145.1 million yuan. It is planned to be completed and put into production by the end of this year. After the project is fully completed and put into production, the project will have an annual production capacity of 200,000 sets of trucks, micro-cars and stampings. At present, the construction of the project has been basically completed.
The reporter learned from the city's key project management office yesterday that in the first half of the year, Fengde auto parts production project completed an investment of 76.5 million yuan, accounting for 109.29% of the planned investment target for the whole year.
It is reported that Fengde Auto Parts Production Project is located in the industrial cluster area of Luxi New District. It plans to invest a total of 120 million yuan. It started construction in the second half of last year and is scheduled to be completed and put into operation by the end of this year. After the project is fully completed and put into production, the project will have an annual production capacity of 2,000 sets of molds. At present, the construction of the project is in full progress.
These two projects are part of the city’s broader strategy to boost its manufacturing sector and attract more investment. Officials said that both projects are on track to meet their targets, which is a positive sign for the local economy. With increased production capacity, they are expected to create new job opportunities and contribute significantly to the region’s industrial growth.
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