# IKD to invest 1 billion yuan in Ningbo technology park project

IKD Co., Ltd. announced a 1 billion yuan investment to build the IKD Technology Park in Ningbo (Jiangbei) High-tech Industrial Park, on 118 mu of land.

- Type: Investment
- Announced: 2020-03-02
- Where: Ningbo, Zhejiang, China
- Value: $144.0M (1.00B CNY)
- Status: announced
- Products: aluminum precision die-castings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [IKD Co., Ltd.](https://endata.com/companies/45699.md)

## Sources

- [yzweekly.com](https://www.yzweekly.com/xyzd/qiche/4070.htm), 2020-03-04: "公司拟与宁波（江北）高新技术产业园管理委员会签署《投资意向书》，拟总投资约10亿元，购置土地约118亩，建设爱柯迪科技产业园项目。"

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