Chongqing Liangjiang New District plans to set up a total of 1 billion LED industry funds

Chongqing Liangjiang New District will set up a LED industry fund with a total scale of 1 billion yuan. It is reported that in order to attract well-known domestic and foreign LED manufacturers to settle in, to jointly enlarge and strengthen the new district and the city's LED industry, the new district will plan to set up LED industry fund, the first phase of 200 million yuan.

"The establishment of LED industry fund, with its diversification, flexibility and sustainable advantages in financing channels, not only helps to reduce procurement costs, innovation and development model, but also helps attract well-known domestic and foreign LED manufacturers to settle in the new district. The LED industry cluster has driven the rapid development of the new district.” The relevant person in charge of the financial company of Liangjiang New District said that at the same time, using the market in the new district to support the LED enterprises to become bigger and stronger is also conducive to fostering a larger international and domestic market.

It is reported that the investment scope of the LED industry fund established this time includes high-quality enterprises in all aspects of the industrial chain such as LED street lamp construction and renovation projects, sapphire wafers and packaging in the LED industry chain.