# Tsingtao Brewery starts 1 billion yuan construction projects in Pingdu, Shandong

Tsingtao Brewery has begun key construction projects costing 1 billion yuan (about $144 million) in Pingdu, Shibei district and the West Coast New Area in Qingdao, Shandong. The Pingdu smart industrial park will include a logistics center, custom production platforms, a package printing factory and yeast processing plants.

- Type: New facility
- Announced: 2020-04-08
- Where: Pingdu, Shandong, China
- Value: $144.0M (1.00B CNY)
- Status: under construction
- Products: beer, packaging printing, yeast

## Companies

- [Tsingtao Brewery](https://endata.com/companies/6344.md)

## Sources

- [govt.chinadaily.com.cn](https://govt.chinadaily.com.cn/s/202004/08/WS5e8dd1e5498ea01b9aea238b/tsingtao-brewery-starts-construction-on-projects-costing-1b-yuan.html), 2020-04-08: "The brewery will build a smart industrial park in Pingdu, which will include facilities such as a smart logistics center, customized production platforms, a package printing factory, and yeast processing plants."

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