On September 22, the signing ceremony for Dalian Taiping Bay Cooperation and Innovation Zone was held. At the ceremony, China Merchants Group and Dalian, Liaoning province signed the "Cooperation Agreement on the Development and Construction of Taiping Bay."
 
The agreement includes 34 projects with an investment of 22.88 billion yuan, and a total of 12 projects were started, with an investment of 5.68 billion yuan, and the total investment reached 28.56 billion yuan.
 
The project involves shipbuilding bases, grain and oil processing, new energy, smart cities, financial cooperation, infrastructure construction and other industries.
 
In terms of shipbuilding bases, Taiping Bay has developed in-depth cooperation with CSSC and DSIC, actively serving national strategies, assisting industrial upgrading, and building new global high-end marine manufacturing highlands and new models from R&D, design to manufacturing.
 
In terms of new energy industry, Taiping Bay will focus on building green and low-carbon new energy industries such as offshore wind power, hydrogen energy, photovoltaics, and nuclear energy.
 
Source: Sarah Yu, XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.