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Top business environment fuels enterprise expansion in Taicang

chinadaily.com.cn | Updated: November 21, 2024

The Taicang High-Tech Industrial Development Zone optimizes the business environment, encouraging local manufacturing enterprises to increase their investments and expand production.

This year, 34 projects have expanded their investments in the zone, with a total investment of 16.34 billion yuan ($2.26 billion). Notable companies such as Fristam, United Automotive Electronic Systems (UAES), Krones, Revvity, Feintool, and Mubea are among them.

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Fristam's Taicang base recently increase investment in the Taicang High-Tech Industrial Development Zone. [Photo/WeChat account: gh_5d51cb296177]

The zone has implemented multiple measures to encourage enterprises to increase investment. To ensure the smooth establishment of projects by companies like Krones, Feintool, and Fristam, representatives from the zone visited their headquarters to discuss investment details and provide comprehensive preliminary services.

The zone offered full-process services to expedite administrative procedures and accelerate project construction, aiming for early production.

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Representative of Taicang High-Tech Industrial Development Zone introduces supportive policies in an enterprise. [Photo/WeChat account: gh_5d51cb296177]

Furthermore, the zone provided the enterprises with dual-system vocational training programs and has organized numerous online and offline job fairs to ensure a steady stream of skilled workers.

Xiong Weiming, General Manager of UAES, expressed his gratitude: "Thanks to the full support from the zone, our Phase III factory was completed and put into operation within just 18 months. The zone has also addressed many of our concerns, such as providing talent apartments. The government's 'no disturbance without reason, always responsive to requests' approach has been our real experience."