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Lanzhou Economic and Technological Development Zone

Sort: Industrial-Parks-in-China Time : (2008-7-11 14:21:33)

 
2005 FACT SHEET
Rating C
Area (km2) 9.42 km2
GDP (USD billion) (estimated) RMB 650 million, or USD 78.6 million
Year of Establishment 1993
Location Lanzhou, Gansu
Major Investors Changfeng Technology, Wanli Electrical and Mechanical Equipment, Lanzhou Petrochemical Equipment, Weixin Pharmaceutical
Total Foreign Direct Investment N/A
Major Industries Encouraged Fine chemical engineering, biotechnology and new pharmaceuticals, energy saving and environmental protection technologies




Introduction
 
Lanzhou Economic & Technological Development Zone (LZETDZ) was established in early 1993. The planned area is 9.42 km2.
 
LZETDZ is located along the two banks of the Yellow River at Anning District and Qilihe District in central Lanzhou City, straddling the northern and southern areas. It is demarcated into industrial, residential, commerce, high-tech, warehousing, free trade and integrated functional zones.
 
It is 42 km from Lanzhou Zhongchuan International Airport and 8 km from the largest container transship railway station, Lanzhou Freight Railway Station.
 
Investment Climate
 
Lanzhou is one of China's 12 main transport centers and is an integrated transportation hub of the Greater Northwestern Railway, Expressway and air route. The West Freight Station is the largest freight station in the Western Region and is also a primary container transfer center on the New Euro-Asia Transcontinental Bridge.
 
Lanzhou is an integrated industrial base where the main industries are oil and chemical engineering, metallurgy, mechatronics and light textiles. As part of the Yellow River Upstream Economic Zone and Longhai -Lanzhou -Xinjiang Economic Belt, Lanzhou is a key city in the Western Region. Situated at the western part of China, Lanzhou's high levels of productivity is due to its low cost advantage. Costs of power and water for industrial use are lower than that in the Coastal Region.
 
Northwest Normal University, Northwest Agricultural University, Northwest Jiaotong University and several other universities are located in LZETDZ. Thus far, there are more than 400 enterprises registered in LZETDZ. In the first nine months of 2003, its GDP reached RMB 450 million (USD 50 million).
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