Home >  News

Tumd Right Banner introduces projects worth 21.8b yuan in Q1

Updated: 2021-04-09

Tumd Right Banner, a banner under the administration of Baotou, North China's Inner Mongolia autonomous region, introduced a total of 13 major projects in the first quarter of 2021, with an investment of 21.8 billion yuan ($3.32 billion), according to Baotou Daily.

The projects are related to 12 investment industrial chains centering on photovoltaics, new materials, and new chemicals.

In terms of investment scale, 10 projects have an investment of over 100 million yuan, and the total investment is 21.76 billion yuan.

Classified by industry, there are three primary industry projects with a contract investment of 1.1 billion yuan; five secondary industry projects with a contract investment of 19.98 billion yuan; and five tertiary industry projects with a contract investment of 750 million yuan.

Among these projects, nine – with an investment of 21.2 billion yuan – have already been delivered.

The banner proposes specific solutions for enterprises through a set of policy combinations. It provides a one-stop service for the project settlement, implementation, production and construction process, and helps enterprises achieve high-quality development.