Ningbo Daxie Development Zone
Overview of Ningbo Daxie Development Zone
Ningbo Daxie Development Zone (NDDZ,宁波大榭开发区) is located at a T-shaped juncture of the Yangtze River golden watercourse and golden coastline of China, East Ningbo, about 40 kilometers from the city center.
NDDZ borders a key international navigation route and has the Zhoushan Islands as its natural shelter.The zone boasts 10.7 kilometers of deep-water coastline, with a water depth reaching 20 to 30 meters at about 150 meters from the shore.Its area is ideal for warehousing and distribution, as well as various industrial projects.
NDDZ is connected to the national road network by Shanghai-Hangzhou-Ningbo Expressway and to the national railway network by Xiaoshan-Ningbo Double Track. Daxie is about 50 kilometers away from Ningbo Lishe Airport. It takes just over two hours by car to reach Shanghai across the Hangzhou Bay Cross-sea Bridge.
On March 5, 1993, China International Trust and Investment Corporation (CITIC) Group was approved by the State Council to undertake the overall development of Daxie Island and take advantage of the policies granted to state-level economic and technological development zones. The CITIC Daxie Development Company was established, and Daxie Development Zone Administrative Committee, was set up simultaneously to perform administrative functions on behalf of the Ningbo municipal government.
Founded in October 1979, CITIC Group is a state-owned enterprise. It has been developed into a large-scale multinational enterprise group with conducting numerous services, such as finance, information, investment, consultation, real estate, tourism and trade.
NDDZ is to be a port and export-oriented economic development zone with a well-developed tertiary industry, sound functions and elegant environment.
Facilities in NDDZ
NDDZ has invested more than 3 billion yuan ($449.55 million) to upgrade the infrastructure such as water supply, electricity, and road construction. Currently, the road networks and ample water and electricity supply are able to satisfy various requirements of all kinds of projects.
Water supply
Water for industrial and daily use is supplied via the Ningbo water supply system, with a daily capacity of 150,000 tons.
Electricity supply
With an installed capacity of more than 4.500 kW, Ningbo has become a critical energy base in East China.At the DNNZ, electricity is supplied through the East China electricity supply system. At present, one 220kV and seven 110kV transformer substations with double-circuit electricity supply have been constructed. It is planned that by 2030, there will be three 200 kV and ten 110kV transformer substations built there.