NETDA delegation explores business opportunities in South Korea, Australia

A trade delegation from the Nantong Economic and Technological Development Area visited South Korea and Australia from Oct 14 to 20 to promote investment and industrial cooperation.

The delegation focused on semiconductors, hydrogen equipment, new materials, and food and health, and discussed with South Korean and Australian companies further investment and expansion by firms in NETDA, as well as new projects in areas such as foods for special medical purposes, hydrogen equipment, and new materials.

In South Korea, the delegation visited six key companies, met local institutions and industry associations, and hosted an investment promotion event for South Korean companies. Two of the companies said they will visit the area soon to explore investment opportunities.

In Australia, it inspected a biomass enzymatic hydrolysis materials project with a total investment of about $150 million and toured its production base. Australian companies and institutions said they would refine plans for setting up the project in NETDA and visit soon for further talks.

Members of a delegation from NETDA and company staff pose for a group photo during a visit to a production base in Australia. [Photo/WeChat account: gh_78ba52d6e1ed]