Ferrotec signed RMB12 billion semiconductor industry project settling in Lishui
2023-02-15 12:02:05 [Print]
On February 14, the signing ceremony of major projects for revitalization and development of old revolutionary base areas, i.e. for double investment-attract and double investment invitation was held in Lishui, in which 89 major projects with a total investment of more than RMB120 billion (USD17.54 billion) were signed.
The contracted projects include Ferrotec semiconductor industry project with a total investment of RMB12 billion (USD1.75 billion) and a total land area of about 65.89 acres. The total investment of the first phase will be RMB8.5 billion (USD1.24 billion) with a land area of about 36.9 acres. After the completion of the first phase, it is expected to achieve an annual output value of RMB2.2 billion (USD322 million) and a tax payment of RMB200 million (USD29.24 million).
The contracted projects include Ferrotec semiconductor industry project with a total investment of RMB12 billion (USD1.75 billion) and a total land area of about 65.89 acres. The total investment of the first phase will be RMB8.5 billion (USD1.24 billion) with a land area of about 36.9 acres. After the completion of the first phase, it is expected to achieve an annual output value of RMB2.2 billion (USD322 million) and a tax payment of RMB200 million (USD29.24 million).
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