Shanghai's New Chemical Industry Park

March 31, 2002 | BY

clpstaff

Davis Wright TremaineThe Shanghai Municipal Government recently established the Chemical Industry Park (the Park), which is designed to be an industrial…

Davis Wright Tremaine

The Shanghai Municipal Government recently established the Chemical Industry Park (the Park), which is designed to be an industrial zone devoted to the development of petrochemical and refined chemicals production. Shanghai hopes to build the Park into one of the largest and most concentrated chemical production bases in Asia, and eventually in the world. So far, several major multinational corporations, including BP, BASF and Bayer, have already decided to make investments within the Park. On February 1 2002, the Administrative Measures of Shanghai Chemical Industry Park (the Administrative Measures) promulgated by the Shanghai Municipal Government came into effect.

Administrative Authorities

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