Construction of Technology and Eco City Underway
Redevelopment on the Shenzhen Bay Technology and Eco City is already underway and is expected to take four years to build. Once completed the industrial park will be integrating environmental protection with industrial upgrading. Total cost for the redevelopment and upgrading of the park is said to be 15 billion yuan. The park is located at the center of the Shenzhen Bay area and spread over 203,000 square meters. The redevelopment project is part of the city’s 12th Five Year program that contains four sections. Once completed, around 30 to 50 companies will be establishing their headquarters in the newly constructed park. The park will also have living and working environments that will cover nearly 30,000 square meters of area including roof gardens, factory buildings, commercial facilities, office buildings, service apartments and high end hotels.