Anhui
Wuhu Export Processing Zone



    Rating     C
    Year of Establishment     2002
    Land Area     2.95 km2(planned)
    Location     Wuhu, Anhui
    GDP     N.A.
    FDI     US$456 million (Jan-Nov 2012)
    Utilized FDI     N.A.
    Major Investors     Chery Automobile Co., Ltd. Wuhu Sea-Power Fishing Net Industry Co., Ltd. Good Electronic (Wuhu) Co., Ltd. Weide Video Equipment, Haixu New Materials, Wuhu Shiji Glass
    Major Industies Encouraged     Automobiles and auto parts, electronic products, new building materials
Source: Wuhu Export Processing Zone


Introduction
The Wuhu Export Processing Zone (Wuhu EPZ) is located inside Wuhu Economic and Technological Development Area north of Wuhu and west of the Yangtze River Delta. It was approved by the State Council in 2002 and covers a total area of 2.95 sq km.

Investment Climate
Wuhu EPZ’s export business has grown steadily in recent years. In the first eleven months of 2012, the export and import value of the zone totaled US$456 million, up 18.26% year on year. The export value grew 22.09% year on year to US$332 million in the period, while its import value rose 9.08% year on year to US$124 million.In 2013, the export and import value hits US$ 1.24 billion.

Wuhu EPZ is geared towards electronic products, home appliances, automobiles and auto parts, new materials and other export-oriented industries. There are 16 enterprises located in the zone, including Chery Automobile, Delta Electronics (WuHu) Ltd, and Wuhu Sea-Power Fishing Net Industry.

The auto maker giant, Chery Auto, is regarded with national pride for producing homegrown cars. It transformed Wuhu from an unknown city in Anhui into a famous automotive city. In 2012, Chery Auto sold 563,300 cars, and exported 180,000 cars. Chery Auto has ranked first in passenger car exports for the last nine years.

Delta Electronics (Wuhu) Ltd is the subsidiary of the Delta Group, which is the world’s largest provider of switching power supplies, DC brushless fans and related electronic products. Delta Electronics (Wuhu) Ltd’s investment in Wuhu EPZ totaled US$87.0 million The project is expected to realize annual sales of RMB 15 billion upon completion.

Investment Cost
 
Winning Edge and Limitation
Winning Edge
  • The zone has convenient access to transportation. Three expressways and five trunk railways pass through the area, and the zone is close to Wuhu Port.
  • Administrative fees and operating costs are lower than in coastal regions.


Limitations
  • The area lacks senior talent.
  • Industrial upgrading is slow.
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