According to the person who’s in charge the project from the government: since June, 2009, Hubei Modern Urban Construction Group, a joint Canadian Balloch Group, and the Xiantao Municipal People’s Government signed a “Modern Sino-Canada Science and Technology City” co-operation agreement. Mr. Zhao Xiaoyong the Chairman of Hubei Province Federation of Industry and the member of CPPCC National Committee, proposed the idea of “ The Economy Excitement of Hubei”. In the report to the Hubei Provincial Party Committee Secretary Mr. Li Hongzhong, he mentioned the” Modern Sino – Canada Science and Technology City” is one of the economy excitement of Hubei.
June 30th, with China’s largest aquaculture company “Tong Wei Group” from Sichuan and a number of “Fortune Global 500 companies” settled in Hubei “Sino – Canada Science and Technology City “, a private company invested 30 billion yuan, full participation in the construction, life-long service project, together management zone to a new investment model in Hubei Xiantao successfully operate. Take advantage of government policy, use the business to attract the investment, joint venture and equity participation with the common development, assured stationed in business investment, to concentrate on development and common benefit. CPPCC Standing Committee, Hubei Province Federation of Industry Chairman Zhao Xiaoyong believes that only the entrepreneurs can truly understand the investors, the Sino – Canadian Science and Technology City in Hubei Province has build the economy of excitement, to make up for lack of many government-run zone, which is a government, operating companies, investment companies, three-way win-win investment business model, so that the maximum value of the land to play.
According to the government official: since June, 2009, Hubei Modern Urban Construction Group, a joint Canadian Balloch Group, and Xiantao Municipal People’s Government signed a “modern Sino -Canada Science and Technology City” co-operation agreement. Under the agreement, the” Modern Sino-Canada Science and Technology City” covers an area more than 3,000 Mu(about 200 hectare), with a total construction area will reach 260 million square meters, total investment of 30 billion, leading industry position as a modern building science and technology industrial park, bio-technology industrial park, water, food and agricultural products processing industrial park, textile garment and textile industry park. This project created a private company funded the construction, service, management development zone of its kind project in strict accordance with government planning features and functions of the orientation zone. Government Development staff assigned to companies based on the need to do full service.
As the investment enterprise, Hubei Modern Urban Construction Group was founded in 1997, is a company who does investment, urban construction, industrial real estate, property management, construction supervision, building material trade, investment guarantees, the simultaneous development of the modern joint-stock enterprise group. The chairman of the company who’s also the CPPCC Standing Committee of Wuhan and the Vice Chairman of Wuhan introduction Federation Mr. You Shouben said: “We can fully understand the needs of investors, companies will be settled based on the volume of investment intensity and the rate determining land value, the investment intensity of the companies can even get free land, the difficulty of financing for the private enterprises, we can solve the problem through the investment guarantees, the company has successfully invested in hand a number of internationally renowned companies, such as the world’s largest building light steel pressure vessel and the U.S. Steel manufacturing company Huaxin Burton Group (WorthingtonIndustries), Canadian Stock Exchange listed companies Collier Ford, Beijing Shenan investment Group, the world’s leading elevator manufacturing, photonics, food processing, bio-engineering companies. Truly did use the business to attract investment, so that land maximize the value of project will provide for the Xiantao City 30 billion yuan in taxes and to provide at least 30,000 -50,000 jobs. “
Sichuan Tongwei Group the secretary of the Board Li Gaofei told reporters: “Tong Wei Group, in the country has dozens of city development zone investment, as China’s leading enterprises listed aquaculture company, has experienced a number of investment projects, the reason settled in Hubei Sino-Canadian investment city is based on two considerations: First, Hubei market needs, because the largest freshwater fish breeding base in Hubei; Second, “Sino-Canada science and technology city”create by private enterprises to invest to solve the low efficiency of government agencies, personnel frequent changes, many problems of human uncertainty. In the past when the investment is often exciting, the building of not admit, but the “city” is adding technology investment experts, to business investment, the investor communication is very easy between the two sides, everyones goal is for early production, early benefit, only the entrepreneurs think that the corporate profitability was most concerned. The sense of responsibility to the investment it’s use the interest-driven, rather than a moral and form, we feel that this investment, construction, management, service-stop mode, so that the largest benefit to the government.
The first person who ever proposed Hubei economy excitement – the Standing Committee of the CPPCC National Committee, Hubei Province Federation of Industry Chairman Zhao Xiaoyong, his letter to the secretary of Hubei Provincial Party Committee Li Hongzhong the report added in modern science and technology will be one of the economy excitement of Hubei. He said: During”The Twelve Five Year Plan” period, competition and cooperation are two major characteristics of regional economic development, regional economic development continue to maintain the vitality and power, the economy should continue to create excitement. By the government to lead and support the development of cultural industry innovation and development of tourism economy, market innovation and cluster development, innovation of the cooperation between the foreign enterprises and Chinese companies, in this four areas to create market excitement, the investment excitement, culture, excitement and travel excitement. Hubei Province Federation of Service and the promotion of “Sino-Canada Science and Technology City”, “Xiaogan Canada Industrial Park”, “eco-cultural Hanchuan Chen Hu Park”, “Grand View cultural Garden in Wuhan” construction of four major scientific and cultural industrial park, is to practice the provincial government proposed to run “service desk”, as a good “servicer”; is to “create a pro-business, profit business, business to stay, warm providers, understand business, humanities cultural soft environment for the central healthy economic prosperity and development.
Source: China Business Times