Huizhou Dayawan Economic and Technology Development Zone is a national economic and technology development zone located in the south of Huizhou City, next to Hong Kong and Shenzhen. It is within the most developed and most active economic area of Pearl River Delta.

Since the CNOOC Shell Petrochemicals Company (CSPC) has a petrochemical project located here, together with the advantages of location, sea transportation and market, a world-class petrochemicals project will be built in Huizhou Dayawan. Driven by the petrochemical project, facing the domestic and international markets, the project will share optimization of resources and public projects, to attract prominent companies to invest and build production bases, to produce new material, special chemicals and fine chemicals with high added value and high technique content, thus making Huizhou a highly integrated and developed petrochemical world-class industrial district.

Scheme for Dayawan petrochemical project

The layout of the project covers an area of 27.8 square meters, in which foothill and seashore flat covering an area of 17.8 square meters is for the first stage-lot; 6.6 square meters of sea area will be impoldered for the second stage use; the storage and berth will occupy 3.4 square meters. Within the project, an area of 4.27 square meters is allocated for the 800k ton ethane project and 10 million ton oil refining project of CSPC. Subsequent products will be distributed around the CSPC due to their own relationships and material, power requirements. The public project administrator will be at the center of load, and mechanical electrical supply, services and sewage disposal will be arranged inside. Besides, a 220kV natural gas power plan will be located inside the petrochemical project. In the near future, the layout will be based on a resource center from CSPC’s petrochemical products and its by-products, build a petrochemical processing factories with wide market trend, good benefit and low pollutions, and utilize the import/export advantages to purchase resources and construct the fine chemical products and new products with high added value, high technology and high market demands. The construction of petrochemical project will follow the strategy of sustainable development; and will comply with the international environmental standard, by using up-to-date environmental technique to reduce the negative affection to environment.

Excellent elemental facilities

The Dayawan economic and technology development zone, in which the petrochemical project will be located, has its prominent condition both in geography location and developing huge industry. After its setup, the project started its elemental facilities based on high standard, and constructed its port, main road, supply of water and power, and communication network, it is ready to welcome a rapid development of petrochemical industry.

Port

The Dayawan sea is wide, with deep water bank, short sea route, low mud accumulation and even tide. It is a natural deep-water port, and a most convenient south exit for Jingjiu Railway. Huizhou port started construction from Oct. 1992, and in 1993, it opened worldwide, and became one of the national 1st rank open ports. Huizhou port has four seaport divisionS including Quanwan, Aotou, Dongma and Bijia, one 150k tons berth (to be expanded to 250k tons), three 35k tons berths (two of them are oil&gas docks), and four 3000-10000 tons berths. The total handling capacity has already been up to 14million tons, and warehouse capacity has reached 800 thousand cubic meters. When the construction is over, the total handling capacity will exceed 100 million tons. The Aotou ferry has opened an express line to Hong Kong.

Aviation　Huizhou Airport (36km from Dayawan) is expanded to good and passenger airport. More than 20 lines are opened. The Shenzhen airport is already a modern international airport, which is only 70km away from Dayawan.

Railway system　The Jingjiu Railway has a by-line to Huizhou station: Huiao railway. The 51km railway goes by Danshui and ends in Dayawan Aoto (Huizhou Port).

Road system　With a length of 50km, HuiAo Road connecting Huizhou city to Huizhou port is in use. The major structure of city road inside the district has been completed, highway are also built to directly connect Guangzhou, Shenzhen and Shantao.

Power supply　Guangdong power grid will manage the power supply in the district. Near the district, there are three 110kV substations, one 220kV substation, one 500kV substation. Besides, one 220kV substation, three 110kV substations are under construction. One natural gas power plan will be built within the district.

Water supply　The regulating reservoir with capacity 2300 cubic meter and waterworks with daily production 115 thousand tons water is built. When the water transportation project from Dongjia river and Xizhijiang river is completed, the daily water supply capacity will reach 400 thousand tons, and the final aim will be 800 thousand tons.

The preferential polices on taxation

Dayawan petrochemical project enjoys the preferential polices on taxation granted by government to state economic and technology development zones and coastal open cities.

For “three capital” enterprises with more than 10 years operation, the income tax will reduce by 15%, and enjoy a “three duty-free, three duty-half” policy, i.e. from the first year with profit, the income of the next two years will be duty free, and from the third year to the fifth year, the income tax decreases by 50%.

Joint venture enterprises engaged with harbor and dock construction, and with more than 15 years operation can apply for approval. From the first year with profit, the income tax and land tax of the next 5 years will be free.

If the enterprise is regarded as a high-tech enterprise, after the above preferential policies expires, and it is still regarded as a high-tech enterprise, the enterprise can have its income tax cut down by 10% in the next three years, and at the same time the land tax is free.

If the enterprise’s profit is re-invested into itself, and if the enterprise increases the register capital, or used to open other joint venture enterprise with operation period more than 5 years, the owner can apply for government’s approval to have a 40% tax reimbursement from the re-Public Service.

Superior city support

Huizhou is located in southern Guangdong, near Hong Kong and Shenzhen. It is composed of Huicheng district, Huiyang district, and three counties of Huidong, Bolo and Longmen. Two state development zones, Dayawan Economic and Technology Development Zone and Zhongkai Hi-Tech Industry Development Zone are built inside.

Huizhou is a low latitude city with tropic of cancer running across the city. It is full of sunshine and rain. The climax is semi-tropical monsoon. The city has an area of about 11.3 thousand square kilometers, a population of 2.7783 million. As an outstanding tourism city, Huizhou has six provincial and national sceneries and natural reserves. Among them, the Huizhou West lake, Lofu Mountain, Nankun Mountain, Tangquan Hotspring and Dayawan bathing place are very famous.

Huizhou is located in the most developed and most active economic area of Pearl River delta. In the reform of opening up, Huizhou gains a giant leap in economy, electronics, weaving, chemicals and mechanicals, all of which are becoming the major industries, especially electronic industry. Huizhou has become the largest laser head production base, the largest telephone production base in Asia, and one of the production bases of battery, computer, TV set, car audio, high-end electronics, circuit board and camera. In April 2001, Huizhou successfully held the first Digital Fair.

Huizhou has formed a diversification developing structure with export-oriented economy as its main force. Currently, more than 8000 enterprises have been set up by oversea clients from over 30 countries. The foreign Public Services are added up to 8.3 billion US dollars. The foreign Public Services help Huizhou’s manufacturing catch up with global economic link, and thus an international manufacturing base is being formed.

The Pearl River Delta is one of the most active economic zones, the electronics, car, construction; information industries have the top developing speed in China, and all of these need large demands on petrochemicals. Through investigation, due to the fast booming economy, the demand on petrochemicals increases by 39.3% which is higher than that of six neighboring provinces. This provides a huge vacant space for petrochemicals to develop. The Dayawan petrochemical project is striding toward the world!