Qingpu attracts 15 projects worth US$1.8b

Five projects will be based in Shanghai West Industrial Park which was set up at the end of last year to focus on developing software and information industries.

Fifteen industrial projects worth a total of 12 billion yuan (US$1.8 billion) investment will head to Shanghai's Qingpu District to help boost the industrial development of the district, according to the district government.

The projects include companies involved in manufacturing, industrial park integration and incubator. They signed an agreement with the district government on Thursday to invest 12 billion yuan in Qingpu District. The production value of these projects is estimated to reach 20 billion yuan. 

Five of the projects will be based in Shanghai West Industrial Park which was set up at the end of last year to focus on developing software and information industries.

Huawei has set up a research and development base in the park to develop a cloud service system to offer an easier way to communicate and store data for other companies in the park.



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