Chongqing Liangjiang New District established 1 billion yuan industry fund to support the LED industry

From Chongqing Liangjiang New Area Administrative Committee was informed that the two rivers area days before the establishment of the fund industry LED total size of up to 1 billion yuan, to further attract domestic and foreign well-known LED manufacturers settled together bigger and stronger strategic emerging industries.

According to reports, the fund industry LED the establishment of Liangjiang New Area is divided into three to four, of which the first phase of the scale of 200 million yuan, the investment scope includes LED street construction and upgrading projects, and the quality of enterprise all aspects of Sapphire Wafers, extension, encapsulation of LED industry chain in the industrial chain.

Chongqing Liangjiang New Area financial company official said, LED industry is one of the strategic emerging industries focus on building the Liangjiang New Area, set up the fund industry, with its advantages in financing channel diversification, flexibility and sustainability, reduce procurement costs, innovating the mode of development, to further attract domestic and foreign well-known LED manufacturers settled in the area, industrial cluster.