The Tianjin Nangang Haihe New Materials Industry Investment Fund Launches

Recently, the Tianjin Nangang Haihe New Materials Industry Investment Fund Partnership Enterprise has completed its industrial and commercial registration. This signifies the official establishment of the first industrial fund in Nangang Industrial Zone of Tianjin Economic-Technological Development Area. The initial scale of the fund exceeds 1 billion yuan, with a focus on investing in industries such as petrochemicals, new materials, synthetic biology, new energy, energy conservation and environmental protection, marine engineering equipment, as well as high-end equipment manufacturing.

The Nangang Industrial Zone is the only place for the high-quality development of Tianjin’s petrochemical industry. Chemical new materials is also a leading industry in TEDA. The Fund will strongly support the physical projects in the Nangang Industrial Zone as well as TEDA. It will also focus on attracting new projects to settle around the key nodes of the industrial chain to help promote the high-quality development of the regional economy.