Construction of Sichuan Chengdu Aviation Industrial Park Project Started
On April 18, 2019, the construction of Sichuan Chengdu Aviation Industrial Park (hereinafter referred to as the Park) was launched, with the total investment of RMB 10 billion and covering 1.15 million square meters. Meanwhile, the standardized plant project (phase I) of the Park, occupying 72000 m2, was commenced as well, with an investment of RMB 315 million and the gross building area of about 54000 m2. As the initial area of the Park, it will provide productive services for AVIC Chengdu Aircraft Industrial (Group) Co., Ltd. and its supporting enterprises. The project is planned to build a specialized aviation industrial supporting development area which integrates inspection, test, manufacturing and processing of aviation parts. In addition, the Park will be home to a thermal meter center, an inspection & test center, a delivery center and a smart materials center, as well as two manufacturing bases, namely, aviation parts manufacturing and processing zone and aviation sheet metal processing zone.
The phase I project is expected to be partially completed in August 2019, and the first batch of products will be rolled out in September of the same year. By 2020, the phase I project will have been completed in overall, attracting over 20 aviation supporting enterprises and achieving a sales revenue of RMB 5 billion.