Recently, the reporter learned from the Tianjin Port Free Trade Zone that the second phase of the production base of the Handtmann Group, the largest aluminum foundry in Germany, was completed in Tianjin Binhai New Area (TBNA for short). The project has an investment of 20 million Euros for the production of auto parts and is expected to increase sales by more than 60 million Euros per year after production. The Handtmann Group is a Tier 1 supplier to the Volkswagen Group. The factory in the Tianjin Port FTZ is the only factory that the group invests outside of Europe, with a total area of 52,000 square meters. This year, the Tianjin Port FTZ will also promote the commencement of key projects such as the headquarters of the China Railway Bridge Bureau, and the completion of the project of the Tianjin Oceanic Desalination and Comprehensive Utilization Demonstration Base of the State Oceanic Administration.