XI'AN, Nov. 11 (Xinhuanet) -- Construction of a nano sci-tech industrial park has started in Xi'an, capital of northwest China's Shaanxi Province, local sources said Tuesday.
The Xi'an Nano Sci-Tech Industrial Park, designed and mainly invested by the Xi'an Lu Tong Science and Technology Co., will cost 1.2 billion yuan (144.56 million US dollars) to build and is expected to be completed in two years, sources said, adding that Taiwan investment was also involved in the project.
Xi'an city, an ancient capital of China, is rapidly emerging asa high-tech center in the country's western region. One of the fewnano industrial parks in the country, the Xi'an park covers an area of 1,000 mu (around 67 hectares), 170 mu (around 11.3 hectares) of which will be developed in the first phase of construction at an expense of 180 million yuan ( 21.69 million US dollars).
Once completed, the park will be able to accommodate more than 10 high-tech enterprises, which can generate a total of 550 million yuan (around 66.27 million US dollars) in annual industrial output value and turn in 180 million yuan (around 21.69million US dollars) in taxes and revenues.
The research and development center in the park has already launched 20 programs in the field of nano and superconductor research, including the development of nano-filmed glass for construction purpose and the multi-functional superconductor heating device for agricultural and mining applications, sources said. Enditem