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Suzhou Industrial Park (SIP) Overview: Investment in Suzhou 11/18/2010

The China-Singapore Suzhou Industrial Park is located in Suzhou, China – approximately a 2 hour drive from Shanghai.  I had never been to Suzhou before, but I was working on a project for one of our firm’s customers who is looking at setting up a greenfield facility there.  To be honest, I had spent little time in Jiangsu province for the last 5 years and was blown away at the development that had taken place since my last visit. The number of foreign companies invested in the SIP region is quite impressive.  Check out the list below that I pulled from the SIP Website:

Suzhou Industrial Park Quick Facts:

  • Suzhou Industrial Park covers an area larger than 288 sq km
  • More than 75 Fortune 500 companies have invested there
  • Infrastructure in SIP rivals all major modern industrial parks in China
  • SIP is easily accessed via the Shanghai – Nanjing High Speed Train, by car via Shanghai. Closest airports are the Shanghai Hongqiao International Airport, Wuxi Airport and Shanghai Pudong International Airport.

I also found a great video about SIP on youtube.  Check it out!

Last but not least, if you are considering investing in China, you might find this page on Incorporating a Business in China helpful.

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Manufacturing in Tibet? China continues to to invest inland. 11/15/2010

An article on China Tibet Online‘s website caught my eye yesterday.  It talks about a new industrial park project to be located near Lhasa, Tibet.  The “Tibet Ethnic Culture Industrial Park” concept is going to try to attract new investors for the project at next week’s 5th China Beijing International Cultural and Creative Industry Expo to be held later next week.  The industrial park will focus on manufacturing of cultural handicraft’s and similar products to support Tibet’s growing tourist industry.

I haven’t been to Tibet, but I cant say that I’m overly excited to hear about investment in the manufacturing sector in the region.  I have been told that Tibet truly is one of the most beautiful parts of China – hopefully I can get there before it becomes over-industrialized.

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Industrial Parks in China 10/4/2010

China is home to literally thousands of industrial parks.  While mostly concentrated along China’s eastern coast from Dalian in the north to Shenzhen and Guangzhou in the south, Industrial Parks of all sizes can be found throughout the country.  As the Chinese government has been trying to attract more investment in China’s western and interior provinces, Industrial Parks are becoming increasingly more common in these areas as well.

As you consider various different locations within China, it is important to remember that not all industrial parks are created equal, and it’s important to make physical site visits to inspect infrastructure, access to logistics, etc., before making a commitment.  In China you will find that many Industrial Parks are better suited for (sometimes designed specifically for) certain types of industries.  This is also important to take into consideration – you don’t want to be the only electronics manufacturer surrounded by a bunch of folks in heavy industry.

China Industrial Park Resources

To help you with your search, I have compiled a list of resources to assist your China Site Selection Process:

  1. The Hong Kong Trade Development Council published an online list of Industrial Parks in China
  2. China Industrial Zone (ChinaIndZone.com)
  3. Right Site Asia
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