On August 8, the Administrative Committee of the Tianjin Development Zone (Nangang Industrial Zone) held the 2011 China International Petroleum and Chemical Congress and the Nangang Industrial Zone Promotion Conference in Pudong, Shanghai. Over 70 well-known petrochemical and related supporting foreign, state-owned and private enterprises in Shanghai and the Yangtze River Delta, and representatives from related departments attended the meeting. The Nangang Industrial Zone with a planned area of ​​200 square kilometers aims to build a world-class heavy chemical industry, attracting many petrochemical giants at home and abroad to invest. As of the end of June this year, 31 projects have signed investment cooperation agreements with a total investment of 71.5 billion yuan, of which 13 projects have started construction, and another 27 projects are in talks with a total investment of over 250 billion yuan.
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