Recently, Ningxiang City started the construction of 60 projects with a total investment of 19.024 billion yuan in the second quarter this year.
These projects include 22 in Ningxiang Economic and Technological Development Zone, 10 in Ningxiang High-tech Zone and 28 in other industrial parks. They involve 44 industrial projects, 13 infrastructure projects, 4 livelihood-related projects and the environment improvement project of Zilong Lake.
 
The construction of these key projects has injected strong new momentum into the economic and social development of Ningxiang.

Hunan New Lithium Era Energy Technology Co., Ltd. will invest 2 billion yuan to build a LFP energy storage battery and key materials project with an annual output of 36,000 tons.

Once completed, it will produce 30,000 tons of iron phosphates, 5,000 tons of lithium carbonates and lithium iron phosphates, with an annual output value of 3 billion yuan.

With a planned land of 91,333 square meters and a total investment of 1 billion yuan, the project of Master Kong series beverage production base will build 5 tea or fruit juice PET and TBA production lines to produce Master Kong and Pepsi series drinks.

It’s expected that upon completion, the annual output value will increase by 2 billion yuan and the annual tax will be 150 million yuan.

In 2022, Ningxiang city focuses on promoting the high-quality development through industrial upgrading. In the first quarter, the city laid out 200 industrial projects with a total investment of 135.8 billion yuan, and the construction 123 projects was started.

Next, the city will make utmost efforts to attract investment and start project construction, in a bid to promote the high-quality development.