# National Memory Base project breaks ground in Wuhan

The National Memory Base project, a 160 billion yuan investment, broke ground in Wuhan's East Lake High-tech Development Zone to produce memory chips, with full completion expected by 2020 and annual output value over $10 billion.

- Type: New facility
- Announced: 2017-01-03
- Where: Wuhan, East Lake High-tech Development Zone, China
- Value: $23.0B (160.0B CNY)
- Starts operating: 2020
- Status: under construction
- Products: memory chips, 3D NAND Flash
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [National Memory Base](https://endata.com/companies/21160.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/37918.html), 2017-01-03: "该项目主要生产存储器芯片，计划将于2020年全部建成，预计年产值将超过100亿美元"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.