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Tangshan Guofeng Steel will implement the relocation of a total investment of 38 billion yuan

October 10, Fengnan District People's Government released the official website of Tangshan Fengnan District People's Government on the Tangshan Bohai Iron and Steel Co., Ltd. joint reorganization and relocation of urban steel plant project investment announcement.
• Mainly relocate urban iron and steel enterprises such as Tangshan Guofeng Iron and Steel Co., Ltd., and build 8 million tons of fine steel and related projects in Fengnan Lingang Economic Development Zone.
• Estimated total investment of the project is RMB 38 billion.
Mode of cooperation: sole proprietorship construction of the project.
Fengnan District of Tangshan City is located in the hinterland of the double economic circle around Beijing-Tianjin and Bohai Sea. The total land area is 1312 square kilometers and the total population is 530,000. Fengnan industrial base is strong, is the cradle of modern national industry, has been formed steel, ceramics, equipment manufacturing, chemical, special cable and food processing six leading industries, county economy comprehensive strength ranks the forefront of Hebei province. In recent years, in order to realize the gathering and development of local steel enterprises, optimize the industrial structure, adjust the product structure, promote energy saving and emission reduction and improve the main functions of the city, Fengnan District plans to implement the Tangshan Bohai Steel Co., Ltd. joint reorganization and relocation of urban steel project, The project was included in the State Council approved the "iron and steel industry in Hebei Province structural adjustment program", is the province's iron and steel industry restructuring key projects.
The total investment of the project is estimated at 38 billion yuan, mainly to the Tangshan Guofeng Iron and Steel Co., Ltd. and other cities in the implementation of the relocation of iron and steel enterprises in Fengnan Lingang Economic Development Zone construction of 8 million tons of fine steel and related projects.
At present, the project was in December 2014 by the Hebei Provincial Development and Reform Commission approved the project filing procedures, EIA approval and other formalities being handled; has been the acquisition of 6500 acres of land and obtain the right to use state-owned construction land.
Fengnan District, said the government has set aside sufficient construction land, according to the needs of the project at any time for transfer procedures. At the same time, the Fengnan district government also out of the conditions of cooperation: investors have large-scale iron and steel enterprises operating experience and investment capacity, and after the signing of the cooperation agreement to pay a certain amount of project construction deposit; project to be completed before the end of 2016, Ton production capacity into production within 4 years; investment in principle, the extension of the original project construction design.
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