China News Network, Hangzhou, March 3rd (Reporter Hu Yixin) On March 3rd, the Hangzhou branch meeting of the Zhejiang province ’s expansion of effective investment in major projects was held at the site of the South Lake Project of Alibaba Dharma Institute in Yuhang District, Hangzhou. It is reported that this time the construction started, Hangzhou organized a total of 48 major projects to participate in, of which, Yuhang District has a total of 10 projects, with a total investment of 17.874 billion yuan, the investment amount ranked first in Hangzhou.
According to reports, the Alibaba Damo Institute South Lake Project, located in the Nanhu Science Center area of Yuhang District, has a planned area of about 3887 acres and a total investment of about 20 billion yuan. The Alibaba Damo Institute Global Headquarters Base will be constructed in three phases. It is reported that the start-up block project covers an area of 342 acres and a building area of 480,000 square meters. It will mainly be used for R & D office buildings and scientific laboratories, with a total investment of 2.1 billion yuan and a construction period of 2020-2023.
According to Ali, after the project is completed, the estimated annual output value is 2.47 billion yuan, and the annual profit and tax is 340 million yuan. The project plans to carry Alibaba technology research and development, strategic innovation industry cultivation, science and technology test field of future cities, Zhejiang science and technology research and development talent gathering place, etc., mainly dedicated to big data computing, AI algorithms, chip computing power, unmanned driving, quantum Research and development in computing and other fields actively support the construction of "Digital Zhejiang." (Finish)