Recently, Chenzhou City held the signing and foundation-laying ceremony of the Brancos Science and Technology Eco-Park project in Singapore. Liu Zhiren, Municipal Deputy Party Secretary and Mayor, and Wu Weitao, Executive Chairman of Singapore Brancos Holdings Co., Ltd., attended the signing ceremony and took part in the foundation-laying activities.

The Brancos Science and Technology Eco-Park project in Singapore is a key project introduced by the electronic information new material industrial park in Chenzhou Economic Development Zone, the total investment of 1.2 billion yuan, including three parts of the Oryza Aerogel project with the annual output of 60 thousand cubic meters, the new material project of graphene and the future smart city R&D center project. After full-scale production, the annual output value will be 2 billion yuan and the annual tax payment will be 100 million yuan. The first phase of aerogel project with the annual production of 60 thousand cubic meters, covers an area of 100 mu, investment of 500 million yuan, mainly engaged in aerogel materials R & D, production and sales. Aerogel is the world's best insulation solid materials, which can achieve annual sales revenue of 1 billion yuan and tax of 50 million yuan after the completion of production and operation.

At the symposium, Liu Zhiren welcomed Singapore's enterprises to invest and develop in Chenzhou. Liu hoped that Brancos Company will bring Singapore's advanced management concepts to Chenzhou and build the Brancos Science and Technology Eco-Park project with first-class design, first-class management, first-class operation and first-class team. Liu Zhiren said that the newly concluded Two Sessions had passed the "Foreign Investment Law", and China's opening up would become more and more vigorous; Chenzhou is adjacent to the Great Bay Area of Guangdong, Hong Kong and Macao, with a superior business environment and great potential for opening up and development. He hoped that Singapore's enterprises would strengthen cooperation and exchanges with Chenzhou to achieve win-win development.

Wu Weitao said that the project of Brancos Science and Technology Eco-Park in Chenzhou had strengthened the confidence of Singaporean enterprises to invest in Chenzhou. In the future, he hopes to find more cooperation points with Chenzhou and carry out deeper and wider cooperation. After returning, more Singaporean enterprises will be introduced to Chenzhou to invest and start businesses.

Vice Mayor He Zunqing participated in the event.