Chongqing Liangjiang New Area 1 billion yuan industrial fund supports LED industry
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The reporter learned from the management committee of Chongqing Liangjiang New District that Liangjiang New District has recently established a LED industry fund with a total scale of 1 billion yuan, further attracting well-known LED manufacturers at home and abroad to join forces to jointly expand and strengthen strategic emerging industries.
According to reports, the LED industry fund established in Liangjiang New District is divided into three to four phases, of which the first phase is 200 million yuan. The investment scope includes new LED street lamp construction and renovation projects, as well as sapphire wafers, epitaxy and packaging in the LED industry chain. High-quality enterprises in all links of the industrial chain.
The person in charge of the financial company of Chongqing Liangjiang New District said that the LED industry is one of the strategic emerging industries that Liangjiang New District will focus on. Setting up an industrial fund can reduce procurement through its diversified, flexible and sustainable advantages in financing channels. The cost and innovative development model further attract well-known domestic and foreign LED manufacturers to settle in the new district and gather industrial clusters.