KUALA LUMPUR, April 28 (Bernama) -- Construction of the Fuyao Global Export Base is progressing rapidly at the Fuqing Rongqiao Economic and Technological Development Zone in Fuzhou, China, marking a significant step in the region's industrial development.
According to a statement, with a total investment of 3.25 billion Chinese yuan, the project is expected to be the world's largest automotive glass export facility, yet it took only two months from contract signing to the commencement of construction.
A Fuyao Global Export Base executive said with strong support from local authorities, its project has moved forward smoothly, adding that Fuzhou’s strategic location, robust infrastructure and efficient business culture were key attractions.
The local government’s emphasis on efficient governance, including streamlined case handling and minimal data collection, has contributed to a market-orientated, law-based and internationalised business environment.
In 2024, Fuzhou recorded 969 projects in its investment pipeline, worth a total of 594 billion Chinese yuan. Of these, 687 projects were implemented with a combined investment of 303.3 billion Chinese yuan.
Fuzhou is also leveraging the “Two Countries, Twin Parks” initiative, a bilateral cooperation between China and Indonesia that enables companies to establish industrial parks in each other’s territories to enhance trade and investment.
Under the initiative, Saneheld (Fuqing) Food Co Ltd and Indonesia’s Salim Group launched the Indonesian Marine Fishery Center, which began operations in April 2022 with an annual output capacity of 500,000 tonnes. A second facility is scheduled for trial production in June this year.
Additionally, Fuhua Textile has invested US$71.25 million to set up a new factory in Indonesia, with operations expected to commence next month, while Honggang Textile, a subsidiary of Huagang Group, has established a modern integrated facility for research and development (R&D), weaving and trade in Indonesia. (US$1=RM4.37)
Fuzhou continues to cultivate a pro-business ecosystem, positioning itself as a strategic hub for enterprise growth and international cooperation.
-- BERNAMA
