SZ offers 30 sqkm of land for global investors

From: Shenzhen Daily | Updated: 2019-11-06

Shenzhen is seeking global investors for industrial development of 35 land parcels totaling 30 square kilometers in an unprecedented move.

The city government held a news conference yesterday to unveil detailed plans and policies.

The available industrial land in the city’s urban area amounts to 25 square kilometers and the remaining 5 kilometers is in Shenshan Special Cooperation Zone, which is about 120 km from downtown Shenzhen.

Among the available land parcels, nine cover more than 1 square kilometer. They are located in Bao’an, Longhua, Pingshan, Guangming, Dapeng and Shenshan. The largest land parcel is 4.8 square kilometers and is located inside Guangming Science Town.

“Shenzhen has unprecedentedly made 30 sqkm of land available for global investors. The purpose is to attract quality enterprises to participate in Shenzhen’s development and lay a foundation for high-end development and modernization of the industrial chain,” Nie Xinping, director with Shenzhen’s development and reform commission, said at a news conference yesterday.

In Shenzhen, 1 sqkm of land generates 1.3 billion yuan (US$186 million) of GDP. This is much lower than the 2.1 billion yuan in Hong Kong and 3.3 billion yuan in Singapore, two benchmark cities that Shenzhen aims to be on the par with, and far below Tokyo and New York whose output per sqkm has reached 3.1 billion yuan and 9 billion yuan, according to Liu Qingsheng, executive vice mayor of Shenzhen, at the news conference.

“The gaps and shortcomings can’t underpin the city as a global benchmark city, so we need to try hard and achieve more to realize our goal,” said Liu.

The land offering is to ensure the land supply for enterprises and projects that meet the requirements of Shenzhen’s industrial development guidance and high-quality development.

The industries with priority are roughly divided into emerging industries and advanced manufacturing industries. They are located in Longgang, Longhua, Bao’an, Guangming, Pingshan and Shenshan Special Cooperation Zone.

The emerging industries include next-generation information technology, digital economy, high-end equipment manufacturing, new materials, low carbon, marine economy and biopharmacy. The headquarters of the industries are mainly in Nanshan and Futian. The R&D facilities are mainly in Guangming and Dapeng.

The city will arrange the industrial layout around the land parcels from three perspectives: key innovative carriers and incubators, industrial clusters of emerging industries, and key fields and links of the industrial chain.

“The innovation carriers, such as Guangming Science Town, Shenzhen-Hong Kong Science &Technology Innovation Cooperation Zone and Xili Lake International Science and Technology Town, will attract global resources and increase the city’s innovation capabilities,” said Nie.

In building business clusters for future industries, besides the emerging industries, the city will focus on five key fields, namely 5G, 8K super high-definition videos, IC, AI and biopharmacy, and form a coordinated development chain linking up and down streams and a competitive industrial cluster.

In key fields and key links, the city is trying to make breakthroughs in core technologies, such as IC, RFID, MEMS core industrial software and medical imaging equipment.

“A global business invitation conference will be held in December. By then, the city will have unveiled detailed industrial policies and land information,” Nie said.