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Semiconductor optoelectronics industrial park to land in Nantong high-tech zone

en.nantong.gov.cn | Updated: May 15, 2020 L M S

A deal was signed on April 30 to build an industrial park focusing on semiconductor optoelectronics in Nantong National High-tech Industrial Development Zone. Nanotrend Capital in Suzhou will provide investment for the project. Chen Yonghong, Party secretary of Tongzhou district, attended the signing ceremony.

With Suzhou Industrial Park's nano-industry development experience as the blueprint, the project will introduce scientific research institutions and international innovation centers, build a pan-semiconductor optoelectronic industry cluster with tens of billions of yuan in output and integrating scientific research, achievement transformation and industrialization.

With investment of three billion yuan ($420 million), the park is expected to attract 40 high-tech enterprises, and strive to introduce and cultivate two to three listed companies. The output value is expected to exceed five billion yuan.

Chen said that with the in-depth implementation of the national strategy of Yangtze River Delta integration, Tongzhou district has become a new investment hot land. Equipped with a whole-chain service system for project approvals, land and finance, Tongzhou will provide enterprises with first-class environments in policies, markets, approvals and services, and will strive to enable construction of the project to start as soon as possible.

Wang Jinxin, fund management partner of Nanotrend Capital, said that Nantong high-tech development zone has a solid industrial foundation, and the enterprises will integrate various kinds of superior resources and give play to advantages in scientific innovation and intelligent manufacturing to build a regional benchmark industrial park to support Tongzhou's regional transformation and upgrading.

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A deal is signed on April 30 to build an industrial park for semiconductor optoelectronics in Nantong National High-tech Industrial Development Zone with investment from Nanotrend Capital in Suzhou. [Photo/WeChat account: ntgjgxq]