The Taizhou Port Economic Development Zone – located in Taizhou city in East China's Jiangsu province – marked significant progress in its development with the signing of several key projects in the first quarter of the year.
Among the highlights:
Collaboration agreements were established with prominent entities such as the Taizhou Industrial Technology Research Institute and Jiangsu Boshida Law Firm to form the Industry Consultation Committee of the Taizhou Port EDZ.
Proceedings get underway at the signing ceremony. [Photo/Taizhou Port Economic Development Zone via WeChat account: gh_1ff53eb21f0a]
Notable investment funds, including Beijing Financial Holdings Group, Addor Capital and Shanghai Technology Entrepreneurship Foundation for Graduates, signed deals with the zone.
Seven high-potential projects in sectors, including new energy vehicles and hydrogen energy, received investment commitments totaling 2.26 billion yuan ($ 312.58 million).
Huang Liqun, the regional general manager of Addor Capital in Taizhou, expressed optimism about their longstanding ties with the region. Addor Capital has set up a substantial 525-million-yuan fund dedicated to its industrial transformation and upgrading, distinguishing itself as the first equity investment institution with both a dedicated team and fund in the Taizhou area.
The zone's leadership emphasized their commitment to providing top-tier services to investors, in order to facilitate swift project commencements, construction and production. They said they aimed to create an optimal environment for investment and business growth, empowering companies to thrive within the zone.