Med-Tech industrial park in CBZ signed with the first five enterprises

english.liangjiang.gov.cn| Updated: 2023-12-01

The first five enterprises signed to settle in the medical technology industrial park in Chongqing Lianglu-Guoyuan Port Comprehensive Bonded Zone (CBZ) earlier this month. The enterprises are expected to move into the park by the end of this year.

With a total investment exceeding one billion yuan ($139.4 million), the newly inaugurated industrial park will encompass medicine R&D, raw materials supply, manufacturing, distribution and delivery system, and other relevant segmentations to form a complete industrial chain.

The industrial park plans to introduce more than 100 medical technology companies in five years. According to the head of the park, it is expected to set up an innovation development fund as well as an integral Contract Research Organization (CRO) service platform.

Leveraging the medical technology industrial park as a core platform, Chongqing Lianglu-Guoyuan Port CBZ is building an imported bio-medicine port. In August, the CBZ signed a strategic framework agreement with China General Consulting & Investment. According to the agreement, the two sides will cooperate on policy consulting, park operation and management, and industry funds.

At present, the basic facilities and software of the imported medicine and biologicals port are in position. The clearance process of medical materials and pharmaceuticals has been streamlined.

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Chongqing Lianglu-Guoyuan Port CBZ is located at the intersection of the Belt and Road Initiative, the Yangtze River Golden Waterway, and the New International Land-Sea Trade Corridor. [Photo provided by the CBZ]

Next, Chongqing Lianglu-Guoyuan Port CBZ will build a collecting and distributing center in the bio-pharmacy industry by attracting more prominent enterprises, cooperating extensively with platforms and enterprises, and cultivating enterprises in relevant fields to enhance competitiveness and influence.

Located in Liangjiang New Area, Chongqing Lianglu-Guoyuan Port Comprehensive Bonded Zone serves as the sole special customs supervision area in inland China that integrates the function of a port and airport. As a major opening-up platform of Chongqing, the CBZ has established an industrial system featuring intelligent manufacturing and bonded emerging service industries. As of this October, Chongqing Lianglu-Guoyuan Port Comprehensive Bonded Zone has secured a total investment of 8.57 billion yuan.