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A commercial rendering of the Sino-Germany (Shuitu) Smart Manufacturing Industrial Park in Liangjiang New Area, Southwest China's Chongqing [Photo/lia ngjiang.gov.cn]

The Sino-Germany (Shuitu) Smart Manufacturing Industrial Park is expected to be in service by the first half of 2019, according to local media on June 29.

Occupying a total area of 209 mu (139.4 hectares) in the most intensive industry cluster of Liangjiang New Area, the park will focus on the intelligent manufacturing industry, featuring smart robotics, intelligent sensors and terminal devices.

With a construction cost of 10 billion yuan ($1.47 billion), the Sino-Germany industrial park will function as a center of development for the advanced manufacturing, digital information, automobile trade and service industries.

The Sino-Germany park is part of Liangjiang New Area's plan of expanding its network of international industrial parks.

Numerous well-known foreign companies, including Hyundai Motor and O-film Tech, have opened their factories or branches in Liangjiang New Area. The number of German companies in Liangjiang is 40, second in number only to that of Korean companies.

"As more and more foreign companies are eyeing Liangjiang New Area as a potential location, we should pull out all the stops to forge an ideal business environment for global investors," said Yang Yunfeng, head of the Liangjiang Economic Operation Department.

In the future, the national pilot new area will use the Sino-Germany industrial park as a linchpin to seek further cooperation with Israel, the UK and the US.

An aerial sketch of the Sino-Germany (Shuitu) Smart Manufacturing Industrial Park in Liangjiang New Area, Southwest China’s Chongqing [Photo/liangjiang.gov.cn]