Quangang Petrochemical Industrial Zone Construction and Development Co., Ltd. issued 1 billion yuan in corporate bonds
According to the Development and Reform Bureau of Quangang District, Quanzhou, Fujian Province, the National Development and Reform Commission officially approved the issuing of 1 billion yuan of corporate bonds by Quangang Petrochemical Industrial Zone Construction and Development Co., Ltd., with a time limit of 7 years. It is reported that the funds raised from this bond will be used for the construction of the Nangong Area (Phase I) Municipal Supporting Project and the Nanshan Area (Phase II) infrastructure project of Quangang Petrochemical Industrial Zone.
As the province's petrochemical industry base, Quangang proposed to achieve an annual production value of 150 billion yuan in the region's petrochemicals at the end of the "Twelfth Five-Year Plan." The Nanshan District of 12.9 square kilometers is the key area for future development of the Quangang Petrochemical Industrial Zone, and is the main carrier for the second phase of the refining and chemical integration project, the downstream of the joint petrochemical “de-bottleneck†project and other petrochemical projects.
At present, Quangang and Fujian United Petrochemical, Fujian Refining and other companies jointly set up a joint leading group in Nanshan District, to fully promote the second phase of the integration project, to invest RMB 5.5 billion in the joint petrochemical “de-bottlenecking†project, and the total Twenty-six investments of 23.353 billion yuan were planned for the midstream and downstream industrial chain projects.
The person in charge of the leading group said that "this year, there will be 19 projects with a total investment of 21.463 billion yuan, including ethylene oxide, caprolactam, and methanol to propylene."
In order to establish a world-class petrochemical park, in 2011, the Quangang District Government and CCCG signed the BT construction agreement for infrastructure in Nanshan Area, with an investment of 3 billion yuan to participate in the land formation, inter-zone roads, flood control, drainage and drainage public corridors, and public facilities. And other public supporting project development and construction. In terms of the infrastructure of the park this year, it plans to complete the formation of 8000 mu of land and invest RMB 1 billion to build ten public auxiliary projects such as public gallery and sewage treatment.
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