[photopress:zone_guanxi.jpg,full,alignright]Sembcorp, Singapore’s largest water company, has signed a Heads of Agreement (HoA) to create a branch of its centralized utilities business in Qinzhou Port Economic Development Zone.
Qinzhou City is a major port city of Guangxi Province. On the the south coast of Qinzhou City is the Qinzhou Port Economic Development Zone (QEDZ) which is a provincial development zone set up in June 1996.
The development zone has a total area of 138 square km. It includes:
A 30 square km petrochemical plant.
A 20 square km downstream industrial area.
The 10 square km Qinzhou Free Trade Port Area.
The 78 square km Jinguang Industrial Park.
[photopress:sembcorp.jpg,full,alignleft]The QEDZ aims to focus on the 6 pillar industries of petrochemical industry, energy, paper manufacturing, grain and oil processing, metallurgy and shipbuilding.
Sembcorp has total assets of over $6.4 billion and has more than 6,700 employees.
Source: ACN Newswire