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  Invested by Dalian Zhenbang Group 770 million yuan in three phases in the Old City Economic Development Zone, the construction of deep-processing base project imported logs is now fully operational, some raw materials had been delivered to bases. It is understood that this is Asia’s largest wood processing base, but also in our province, “Eleventh Five-Year Plan” of the key projects.

It is a wholly-owned subsidiary of Dalian Zhenbang Group, Wood Co., Ltd. Hainan Zhenbang person in charge of the base plan covers an area of 3000 mu, total construction scale for the annual processing logs 1.2 million cubic meters, will be three phases. The first phase of the project started early this year, the construction scale for the annual processing logs 400 thousand cubic meters, two to expand to 80 million cu m / year, three to reach 1.2 million cubic meters / year.

The first phase of the project plans to invest 280 million yuan, II and III invested 490 million yuan.

Job placement after completion of the project population of more than 2,000 people. Each year to achieve a large number of trade and export earnings while pushing through the placement of local staff employment, taxes have become an important force for economic development in Hainan.

It is understood that the current size of the province of timber processing unit 741, there are many enterprises stop production or face shutdown. The main reason is, Hainan locally available timber resources are limited, most of the necessary dependence on imported timber. In recent years, with the reduction in the number of imports of timber in Southeast Asia, timber resources in the upper reaches of the increasingly tense, coupled with the province more than 70% of the initial processing of timber processing units, these units behind the production technology and equipment, the craft low level of commodity wood utilization is low, have exacerbated the situation of supply of timber resources.

According to reports, the project use of materials, market, two are the advantages of building in Australia, the processing of timber and flooring products to slabs, each year about 200 thousand cubic meters finished all the buy-back to partner — Australian Resources Ltd., and can be Hainan annually to provide 400000-1200000 m3 of timber resources and help alleviate the strain on the resources of Hainan timber upstream conditions, for driving the development of Hainan’s Wood, of great significance.