Guangdong and Hong Kong set up 5 billion green industry fund to support energy-saving emission reduction projects

According to Hongkong, "Wen Wei Po" reported that Guangdong will jointly set up a Hong Kong related institutions 5 billion green industry fund in Guangdong Province, including financial assistance funded by the relevant enterprises and departments in lighting energy saving and emission reduction.

The fund is expected to be formally launched early next year, with its initial planning supporting the contract energy management (EMC) company. In addition, the two sides in Guangzhou on 25 by the first Guangdong cleaner production partnership to 51 Enterprises in Hong Kong and mark.

Li Xinghua, director of the Guangdong provincial science and Technology Department, 25, said the Guangdong science and Technology Agency jointly Hongkong and Shenzhen, the two agencies will work together to promote the green industry fund of this 5 billion of two. It is understood that, in these 5 billion funds, Guangdong intends to invest 50 million to do a guided investment, the rest of the funds raised by the relevant institutions. Deputy director of the Guangdong Provincial Department of science and technology, said Ye Jing, Guangdong government funding is now available. The fund is still in the registration phase, estimated at around New Year's day in 2010.

Allegedly, the green industry fund in addition to support energy-saving emission reduction projects, including urban planning demonstration Guangdong is promoting LED lighting, will also support the key industrial projects including upstream of the LED lighting industry, such as epitaxial wafers, chips and other investment projects, focusing on the EMC company.

In addition, the Guangdong provincial economic and Information Technology Commission and the Hongkong Environmental Protection Bureau 25 held in Guangzhou the first batch of cleaner production partnership between Guangdong and Hong Kong flag ceremony. Hongkong Secretary for the environment, Qiu Tenghua said, was awarded 51 in Guangdong and Hong Kong enterprises sign a total annual emissions of 3600 tons, including 2800 tons of carbon dioxide emissions, emissions reduction of 1200 tons of organic compounds, the direct energy saving about 32 million kwh of electricity, saving of 27 million yuan RMB, by the sign of the Hong Kong enterprises eventually won 190 thousand Hong Kong dollars funded.