Beijing, China: China has invested CNY 15 billion (approx USD2.25 billion) to build the first national-level Geographic Information Industrial Park, which covers a total area of about 66.7 hectares.
The park, which has garnered investment from the State Bureau of Surveying and Mapping (SBSM) and the Beijing municipal government, is scheduled to be operational by 2013. More than 100 companies in the geographic information industry will enter the park by then.
“The park is an important measure to enhance the development of the geographic information industry and Beijing will develop it (the park) into a ‘Silicon Valley’ for the industry,” said, Guo Jinlong, mayor of Beijing.
The move came after the country launched its official online map service, called Map World, in late October, which put the State-backed map service in direct competition with international players, such as Google and Microsoft.
According to the State Bureau of Surveying and Mapping, more than 12 million Internet users had visited Map World by Oct 5, 15 days after it was launched.
Source: China Daily