Lianyungang Huaou Technology Industrial Park Investment and Development Co., Ltd. was established in December 2022 with an investment from Italy’s Ouchao Group. With a registered capital of $40 million, the company primarily engages in comprehensive services including real estate development, infrastructure construction, property management, and enterprise service support within the industrial park.The industrial park is located in the Haizhou High-Tech Development Zone of Lianyungang, adjacent to the city’s core industrial area. The project covers a total planned area of approximately 600 mu (about 40 hectares), with a total floor area of approximately 500,000 square meters and a total investment of $500 million.
The park is committed to building an innovative industrial park tailored to the development needs of international small and medium-sized enterprises (SMEs). It is positioned to attract enterprises in smart equipment, biopharmaceuticals, new materials, and precision manufacturing, and will provide supporting facilities such as an employee center, an international technology transfer center, and corporate headquarters to meet the comprehensive needs of enterprises.Currently, construction on Phase I is proceeding at full speed, with the topping-out of 22 factory buildings expected to be completed before the Spring Festival. Phase I covers 150 mu (approximately 24.7 acres) and features a floor area of 120,000 square meters, capable of accommodating 60 manufacturing enterprises. It is reported that the park is scheduled to be completed and put into operation in August 2024.