Japanese Yanmar Shipbuilding Project settled in Qingdao Chengyang

In recent years, Chengyang District has built a new pattern of large-scale, clustered and high-end manufacturing in accordance with the requirements of the Central Government, Shandong Province and Qingdao Municipality to accelerate the construction of blue economy zones and high-end industrial clusters. Among them, the introduction and construction of the project showed a good situation of “reserving a batch, signing a batch, starting a batch, and putting into production”, and a number of large projects were in reserve.
A number of large projects have been signed for construction, and the “Project Concentration Signing Month” campaign was successfully held. 35 advanced manufacturing projects with an investment of 7.1 billion yuan were signed and settled. At present, 44 large-scale manufacturing projects are under construction, with a total investment of 11.4 billion. yuan. Among them, the Japanese Yanmar engine project with an investment of 100 million US dollars can realize sales income of 1.5 billion yuan and tax revenue of 75 million yuan. Japan Yanmar Co., Ltd. will also use Chengyang as its headquarters in China to develop marine engines and more. The follow-up project will be settled in Chengyang, and the Yanmar engine project will also become a highlight of Chengyang's development of marine equipment manufacturing.