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European Green Industry Demonstration Park Landed in Changshu
updated on:2020-10-18 09:50

The European Green Industry Demonstration Park has started its construction in Changshu Economic and Technological Development Zone recently. After completion, the Demonstration Park will become a strong driver to boost the transformation and upgrading of Changshu Economic and Technological Development Zone.

Changshu Ou Hua Green Technology Co., Ltd has invested USD 50 million to establish the European Green Industry Demonstration Park. With a registered capital of USD 17 million, the Demonstration Park covers a land area of 42,700 sq m2 on which eight high-standard plants will be built, with a total floor area of 48,000 sq m2, amongst which the phase I floor area will be 16,628 sq m2. The Demonstration Park, aims to introduce in a number of exquisite green technology companies from Europe and focus on the extension, application and commercialization of European innovative projects, by leveraging the fine geological, market and economic advantages of being at the core region of the Yangtze River Delta as well as the business influence of United World College (UWC) and Weisite in Europe.

Changshu Economic and Technological Development Zone has a solid industrial foundation, a strong manufacturing sector and a sound long-term cooperation with European countries. At present, over one third of the 600 foreign companies in the Zone come from Europe. Confronted with a challenging economic landscape, Changshu Economic and Technological Development Zone continues to prioritize its development through implementation of industrial projects. With the strong support of UWC, the Zone is actively engaged in expanding platform for introducing businesses from Europe to jointly build the European Green Industry Demonstration Park.

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