Henan Economic Daily reporter Yang Lei correspondent Tong Xiaoyan
Recently, the Agricultural Development Bank of China's Wuxian Sub-branch approved a loan of 160 million yuan for urban-rural integration projects to support the construction of the electrical standardization plant project in the Economic Development Zone of Wuxian County.
The standardized factory project in the economic development zone is a key engineering construction project in the county, with a total investment of 214 million yuan and a loan financing of 160 million yuan in the Agricultural Development Bank. The construction of the park has become a modern high-standard professional park with intensive structure, perfect supporting facilities and efficient development, and supporting property service management. After the completion of the project, the introduction of high-end high-end high-voltage electrical and supporting production enterprises settled in, taking into account the industrial chain supporting projects and enterprise incubation. It is expected to achieve an annual output value of 1.5 billion yuan, an annual sales income of 1.6 billion yuan, and a tax of 50 million yuan. As one of the four pillar industries of The electric industry, the construction and operation of the project will effectively promote the rapid development of the high and low voltage transmission equipment industry in the county, which is of great significance for increasing employment and industrial upgrading.
Since the beginning of this year, the Agricultural Development Bank of China's County Branch has given full play to the role of policy-oriented banks, kept in mind the lofty mission of "supporting agriculture for the country and acting for the people", taken the initiative to enhance its political position, performed its duties, fully supported the county's economic development, and achieved remarkable results. As of the end of September, the balance of loans of the whole bank was 1.228 billion yuan, an increase of 478 million yuan or 63.66% over the beginning of the year. The cumulative marketing reserves are 8 medium- and long-term projects with an amount of 3.466 billion yuan. In the next step, the bank will continue to increase the intensity of credit support for agriculture, continue to strengthen the brand construction of the "four banks", give full play to the advantages of financing and wisdom, fully serve the revitalization of the countryside, and contribute to the social and economic development of the county.