Want to Invest in Suzhou? Evaluate Your Impact

Monday, July 23, 2007 8:24
Comments Off on Want to Invest in Suzhou? Evaluate Your Impact

Suzhou Environmental Impact Assessment

If you believe all the stories you hear in China, then investing in a factory in China used to be easy.

Throw the carrot of FDI in front of park, and the rest will take care of itself. Land will be cleared, chops chopped, labor arranged, etc. For many parks mixing industries was not seen as a problem (i.e. food processing next to chemicals) as long as the clients did not mind. It was about bringing in registered capital and taxes pure and simple.

Oh, how things have changed.

Investment parks like Suzhou’s Investment PArk and Tianjin’s Economic Development ARea have done very well at bringing in investment, and as such they are able to get a bit more picky. Proper zoning has begun, and as recently announced, these parks are looking to move up the value chain.

However, it is the recent news , as well as a general increased awareness at the local level, related to the negative environmental impact some industries have that is now catalyzing parks to look at projects with more care, and it is here that things have changed dramatically.

Rather than just accepting any manufacturer who walks off the street, the major parks 0 SIP for example – are now requiring that environmental impact reports be completed prior to final visits. In fact, during one of my current programs, this was actually required before one park would even send the available land specs for my client to approve.

The long and short of it is, before investing in China manufacturers are going to have to start proving that the environmental impact of their facility is at the acceptable level for that park.
If you are interested in learning more, I suggest you take a look at the attached. SIP’s form is quite comprehensive

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