68 key urban renewal projects with a total investment of 72.7 billion yuan in Qingdao West Coast New District have been started in a concentrated manner.

On February 1, the centralized commencement ceremony of urban renewal and urban construction in Qingdao in the first quarter of 2023 was held. Qingdao West Coast New area set up a branch venue in the core area of Guzhenkou to participate in the centralized commencement ceremony. 68 key projects with a total investment of 72.7 billion yuan in the new area were started, which comprehensively sounded the "charge" of urban renewal and urban construction, setting off a new round of project construction boom.

Project construction is the starting point to promote economic and social development. The projects started this time include Sansha Road utility tunnel, Wangtai Industrial Park supporting road phase II project, Binhai Avenue landscape project in marine vitality area, etc., covering key areas such as advanced manufacturing industry, "four new economy", major infrastructure, old residential area transformation, etc. in the first quarter, it is planned to complete the investment of 5.5 billion yuan, an increase of more than 10%. The centralized start of the project will lay a solid foundation for the high-quality development of the new area, accumulate "progress" factors, and add "new" kinetic energy.

"Innovation" is to break regular, optimize reorganization, and dare to break new paths. "Breakthrough" is to open the gap, more than the self, to create a new situation. As the main force in the project construction of Qingdao West Coast New Area, in 2023, Rongfa Group will base itself on the core area of Guzhenkou, thoroughly implement the spirit of the mobilization meeting of the "Innovation Breakthrough Year" in the new area, strengthen the responsibility of state-owned enterprises, and uphold the "high quality, high efficiency, safety, and civilization" Concept, promote the spirit of the iron army and craftsman, overcome difficulties, innovate and make breakthroughs, to ensure that more than 50 projects with a total investment of 28 billion yuan, such as the western district of Guzhenkou campus of China University of Petroleum (East China), the preferred project of new and old kinetic energy conversion in Shandong Province, the Qingdao demonstration base of high-end bearings of the Institute of Metal of the Chinese Academy of Sciences, the supporting industrial park of Qingdao Guzhenkou core area, the Qingdao key construction projects, the international life health care demonstration area and Sansha Road utility tunnel, and the Sansha Road utility tunnel, etc, will be put into operation, for the new area and the core area of the ancient town mouth first season to open the door, the year ahead, for the implementation of the integration and innovation of the national strategy to continue to contribute to the development of strength.


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