NETDA drives investment in emerging industries

In a strategic move to propel emerging industries forward, the Nantong Economic and Technological Development Area (NETDA) orchestrated a project matchmaking event on Oct 23.

The managers of Nantong Investment Management, Softbank China Venture Capital, and other sub-funds collaborating with NETDA's parent fund presented eight pioneering projects focusing on biomedicine, high-end equipment manufacturing, semiconductors, and new energy.

After the presentations, notable agreements were inked between four high-tech projects and four key entities, including the investment promotion bureau within NETDA.

By utilizing funds to increase project opportunities, mobilize social capital, and expedite industrial transfers, NETDA aims to accelerate industrial investment and enhance the efficacy of fund managers in attracting regional industries.

Looking ahead, NETDA will remain committed to nurturing and supporting enterprises to invest in the area by cultivating an investor-friendly environment, delivering top-tier project services, and offering comprehensive assistance and a conducive business environment.

A signing ceremony is held during a project matchmaking event in the Nantong Economic and Technological Development Area on Oct 23. [Photo/WeChat account: gh_78ba52d6e1ed]