Invest tens of billions! Henan to Build Multiple Industries Diamond and Cultivation Diamond Production Project
Recently, Henan Province issued the "2022 Improving Weak links" 982 "project implementation plan" (hereinafter referred to as the "plan"), to invest more than 2 trillion CNY to promote the construction of 8000 major projects. In the field of high-quality development of manufacturing industry, the program requires to vigorously consolidate the advantages of artificial diamond production in the province.
The Henan Provincial Government has a total of 6 pure cultivation diamond production projects with a total investment of about 6.92 billion CNY. This year, it plans to complete an investment of 2.23 billion CNY, and the main project investment is more than 1 billion CNY. The Henan provincial government has a total of 13 industrial diamond production projects, and the investment amount of a single project is generally below 1 billion CNY. After all projects reach production, the total industrial diamond production capacity is expected to exceed 5 billion carats/year. (Source: Abrasives and Abrasive Tools)
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