CXM Capital Inc had the privilege to visit and inspect the Yunnan Songming Yanglin Industrial Park Development from May 3-5, 2012. According to the Park’s approved Master Plan for Development from the duration of Y2010 to Y2025, the Park will occupy a total area of 54.19 sq km. The site is only 12 km away from the newly completed Kunming Changshui International Airport, which will be opened to air traffic by the end of June 2012 or 34 km from the provincial capital of Kunming. After nearly two decades (20 years) of construction and promotional efforts, the Park has proven to be a great success in attracting investment in its completed zone (totaling 3.5 sq km today) from both domestic and international business enterprises, including those from the United States, Canada, Australia, United Kingdom, Denmark, the Netherlands, Hong Kong and Taiwan. Example of these household name are “Kongsihoo”, “Changan Automobile” and “Yanjing Beer”.
Today an industrial center for processing and manufacturing has begun to take shape, with some 98 ‘resident’ businesses had begun their operations. In 2011 alone, these companies registered some USD 1 billion in their business revenues and by the end of 2011, 164 companies where 38 of these companies will have investment amounting to more than USD 15 million have decided to operate their projects in the park. These include companies specializing in food production, machinery manufacturing, automobile manufacturing and the development of new materials with more companies that will be expected to settle in the park. With its convenient accessibility, this park will play a significant role in promoting the local companies in a string of towns and cities in Central Yunnan with Kunming as the hub of the ‘Economic Sphere’.