A few days ago, Development and Reform Commission of Guangxi Zhuang Autonomous Region issued the "Notice on the Release of the 8th Batch of Guangxi's Introduction of Private Capital Projects in 2018". In 2018, Guangxi has introduced 658 private capital projects with a total investment of 525.8 billion yuan. Among them, Nanning has introduced 72 private capital projects, including the Guangxi (China-ASEAN) Grain Logistics Industrial Park (Nanning) and the PPP project of the First Class Highway from Xinjiang of Nanning to Fusui of Chongzuo (Nanning Section) with overall investment.
The grain logistics industrial park is expected to cover an area of 3,500 mu and will be constructed in two phases. The first phase covering an area of about 1,302 mu and with a total budget of about 2 billion yuan is planned to be built with warehouse, logistics and processing sectors based on the principle of “Overall Planning and Separate Construction”. The second phase covering an area of about 2,150 mu is currently undergoing planning and site selection.