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Xiamen accelerates 125 major provincial projects under construction

From January to July, Xiamen witnessed 125 major provincial projects under construction, with a total planned investment of 43.72 yuan billion and a paid-in investment of 54.61 billion yuan. It marks 74.63% of the annual planned investment completed and 16.3 percentage points more than the ordered progress. Major provincial projects maintained the growth momentum. The paid-in investment from January to July stood at 19.78 billion yuan. Among those projects, the phase I project of Xiamen Dangs New Material Industry Park was basically completed; the plants in Area A and Area B of the Rare-earth Permanent Magnet Electric Machine Cluster of Xiamen Tungsten were finished, and settled enterprises started trial production. Major provincial infrastructure projects saw significant progress with 31.25 billion yuan of investment completed from January to July. Major provincial public utility projects proceeded stably, and the paid-in investment from January to July reached 3.58 billion yuan.

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