Suzhou plans to raise 5 billion to build International Optical Cable Park

Recently, under the leadership and advocacy of Suzhou Optical Cable Industry Chamber, a group of well-known optical cable companies in Suzhou jointly proposed to build Suzhou International Optical Cable Industrial Park.

According to research statistics, at present, there are 20 wire and cable industrial parks and 6 fiber optic cable industry parks in China. There are nearby Wuxi Yixing China Wire and Cable City, Nanjing Gaochun County Dongba Cable Industry Park, Yangzhou Hanjiang District Electrical Cable City, and Anhui Electric Wire. Cable Industry Park, Anhui Wuwei Special Cable Industry Base, etc. As one of the country’s four major cable production bases and one of the world’s major cable production bases, the current market shrinks, costs increase, profits drop, business pressure doubles, and other industries have suddenly emerged as industry development environments, integrating industry resources to achieve Development and joint construction of industrial parks have become an inevitable trend and an effective approach for the development of intensive and branded optical cable industry in Suzhou.

Suzhou Optical Cable has a profound industrial base and development advantages. Suzhou Optical Cable Products has monopolized the top ten of the country's top ten products. By the end of last year, the annual output value of the optical cable industry in the city exceeded 100 billion yuan, accounting for 1/10 of the country's total output value. Suzhou has seven listed companies in the optoelectronic cable industry, such as Hengtong, Zhongli, Xinhaiyi, and other well-known companies. Suzhou’s existing optical cable industry infrastructure, branding, market trends, and business needs have already achieved national level Optical cable industry park necessary conditions.

Throughout China, the “optical cable” designation, covering industrial parks such as fiber optic cables and wires and cables, has not yet existed. Therefore, Suzhou has taken the lead in creating the first optical cable industrial park in China with the entire industrial chain of optical cables, and will be the brand of Suzhou Optical Cable. The promotion, expansion of influence, and market expansion have great effects and values. At the same time, there are also many optical cable companies in neighboring provinces and cities such as Zhejiang and Shanghai around Suzhou. The construction of Suzhou Industrial Park will also attract more outstanding foreign companies to join.

To this end, Suzhou Optical Cable Chamber of Commerce, together with a group of companies, collectively propose the following:

1. To build a state-level “Suzhou International Optical Cable Industrial Park” integrating R&D, headquarters economy, manufacturing, center testing, high-end talent cultivation, and e-commerce. (As of now, 31 companies have reported the intention of joint investment, and they intend to build a land area of ​​1,000 mu, a total investment of 5 billion yuan, and an annual output value of 20 billion yuan).

2. Establish the industrial park as a municipal-level industrial park, give it 1,000 mu of land indicators and environmental protection capacity, and actively formulate industrial development plans, formulate supporting policies, set up special pilot development funds, and further increase the cultivation of local brand products and large-scale enterprises.

3. The construction of industrial parks will be conducted by the government-led, chamber of commerce and enterprise participation. The Suzhou International Optical Cable Industrial Park Management Committee was established as the administrative agency of the Industrial Park and responsible for daily administrative affairs; Suzhou Optical Cable Industrial Development Group Co., Ltd. was established as the construction unit and the operation and maintenance unit of the Industrial Park, and was involved in the preparation of the industrial park. All of the joint-stock companies in the joint venture were established to be responsible for the specific construction and operation and maintenance after completion.

4. The Industrial Park will plan “three major urban areas” of wire and cable city, fiber optic cable city, and supporting industrial city; “three platforms” of e-commerce platform, science and technology incubation platform and brand display platform; production base, R&D base, and sales base “3 Large bases; "test centers, talent centers, and logistics centers". In 2 phases of planning (500 mu for the first phase and 500 mu for the second phase), the plan will be completed within 3 years.