Binhai High-tech Zone and China Auto Parts Industry Co., Ltd. recently signed a significant agreement, under which the China Auto Parts (Tianjin) Industrial Base will be established within the Binhai High-tech Zone. This project aims to create a world-class platform for research and development, industrialization, and service in the auto parts sector. The initiative is expected to bring together leading component manufacturers and related enterprises, positioning the zone as a key player in the global automotive industry.
It has been revealed that China Auto Parts Industry Co., Ltd. will invest heavily in the construction of the Tianjin industrial base, focusing on developing advanced R&D, manufacturing, and service capabilities. To support this endeavor, an industrialization fund has also been set up, aiming to accelerate the growth of the project. The facility is planned to be located in the Future Science and Technology City area of the Binhai High-tech Zone, with an estimated annual output value reaching 10 billion yuan once fully operational.
According to the development plan, the first phase of the project will be situated in the Future Science and Technology City of Binhai Science and Technology Park, with construction expected to begin in the second half of this year. Looking ahead, the Ninghe Development Zone will reserve additional space to support the long-term growth of this internationally competitive auto parts industrial base, integrating R&D, services, and production. This collaboration marks a major step forward in enhancing the region’s role in the global automotive supply chain.
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