CHENGDU, Dec. 7 (Xinhua) -- German software giant SAP announced it plans to spend 40 billion yuan (5.8 billion U.S. dollars) on building an industrial park in southwest China's Sichuan Province.
The industrial park, in Tianfu New Area in Chengdu, the capital city of Sichuan, is scheduled to be completed by 2021.
The park will include centers for data innovation, product R&D, talent development, global purchase, intelligent logistics as well as education and medicare service facilities, said Liu Qiang, vice president of SAP Greater China.
After completion, the smart industrial park will have international influence, with intelligent manufacturing as its core industry, according to Zhou Siyuan, deputy director of the administration committee of Tianfu New Area.
Tianfu New Area became a state-level development zone in 2014, as part of the wider strategy to develop China's western regions.
A single purchase
