A construction project of Jiahuang Industrial Facility (Taicang) Ltd – an exclusively foreign-owned enterprise of Goodman Group ASX: GMG, the world’s second largest industrial group – recently kicked off in Huangjing Industrial Park. The first phase of the $150 million project will be completed in a year. Its annual production value will reach $1.2 billion, with $70 million in tax revenue, when put into operation.

Covering 296 mu (19.73 hectares) of land and 120,000 square meters, the Jiahuang Industrial Project is comprehensive and multifunctional, providing customized production, sales and warehousing along with commercial, information, human resource and logistics services for famous domestic and foreign auto parts manufacturers.

Huang Wei, CEO of Goodman China, pointed out that Huangjing is located at the center of two automobile industry bases – the Shanghai Jiading automobile mart and Changshu Development Zone. Huangjing Industrial Park is only 10 miles away from the national-level Changshu Economic and Technological Development Zone, where 81 auto parts manufacturers are gathered. The area features a mature structure of industrial chains including car body, engine, chassis, automotive electronics and components. Toyota, Qoros and Jaguar’s settlement creates huge resource advantages for Huangjing’s development.

In recent years, Huangjing has taken advantage of its location along the Yangtze River’s neighboring Changshu Development Zone and expressway to Hong Kong to introduce quality projects and adjust its industrial structure. Based on Goodman’s mature management model and enormous customer resources, Jianghuang will be developed into an international first-class multifunctional industrial park.