28. September, 2015

InSITE BAVARIA and Jinan New Materials Industry Zone sign Cooperation Agreement

FREISING, 26.09.2015 – In a ceremony under the presence of Wang Wentao, Jinan City’s secretary of the Communist Party, and consul Tao Bailian, director of the department of economy and trade at Munich’s Chinese general Consulate, InSITE BAVARIA and the Administration Committee of Jinan New Materials Industry Zone signed an agreement of cooperation in the development of a Sino-German New Materials Industrial Park in Jinan’s High-Tech Industry Zone.

Jinan City is the capital of China’s Shandong province, counting about 7 mn. inhabitants. Situated at the Yellow River, the city has a geographically favorable location in the so called “Bohai Economic Circle”, giving a relative proximity to many of the Chinese political and economical centers. The distance to Beijing is about 400 km, to Shanghai about 730 km. Heavy industries like steel production are still playing a very important role in Jinan, but in recent years the focus on technology intensive industries has transformed Jinan to a city with more diverse industrial structure. Companies like LG, Panasonic, Volvo, and Sanyo are situated in the Jinan High-tech Industrial Development Zone east of the city. Jinan is also one of China’s most important locations for the IT and software industries, housing companies like IBM, ORACLE, NEC and others at Qilu Software Park.

Jinan New Materials Industry Zone was founded as a development zone by the Shandong provincial government and in 2012 it was approved by the Torch Center of the Ministry of Science and Technology as a top national torch new material industrial base. Within its territory of approx. 21.8 square kilometres, a zone of approx. 65.6 ha is intended to be developed as a Sino-German industrial park in two steps. InSITE BAVARIA in cooperation with Bachschuster Architecture, a renowned office for architecture and urban planning situated at Ingolstadt, Bavaria, will be responsible for a development strategy, a structural layout and master planning of the site. The project partners intend to develop an innovative, international industrial park, which will be consequently oriented to the needs of German and European companies in terms of urban and structural design, technical standards, supporting facilities, and management structure. The project partners are also aiming at an intensive collaboration with local service companies, educational and research institutions. “Jinan’s high scientific reputation in the New Materials sector and the highly competent management of the Industrial Zone are excellent preconditions for the development of an internationally renowned business location” says Daniel A. Gottschald, CEO of InSITE BAVARIA. Strategical and urban planning will start immediately, construction works are intended to start in mid 2016.