Fortune 500 company picks Nansha for South China headquarters

The 2023 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area is in full swing. [Photo/WeChat account: nanshafabu]

The 2023 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area opened on Nov 8. At the event, Umicore signed a contract to set its South China headquarters in Nansha district.

Umicore is a leading circular materials technology company with extensive expertise in the fields of material science, chemistry and metallurgy. It is a Fortune 500 company and also one of the top 50 global chemical companies.

It plans to establish a trading firm in Nansha with an investment scale of 300 million yuan ($41 million), mainly responsible for the domestic sales of various factory products and the import and export of raw materials.

The official in charge of Nansha's investment promotion bureau made a presentation at the conference, introducing the district's development, investment policies, and opportunities, further attracting high-quality enterprises from around the world to invest in Nansha.

This year, Nansha has signed or started construction on projects valued at 17 billion yuan, including over 260 investment projects from Fortune 500 companies.

An aerial view of Nansha district. [Photo/WeChat account: nanshafabu]