A
recent report from our correspondent in Moscow—
S
o
me Shenzhen enterprises will form an investors’
a
lliance and build Shenzhen LED Industrial Park in Russia with a total investment of USD 0.5 bn and output value reaching up to RMB 1.5 billion yuan.
A big issue that concerns Chen Baodong, General Manager of Green Lighting and his Investors’
A
lliance is the selecting of premises.”
T
hough Russia is a large country with abundant land; it’
s
counter-intuitive that finding the right premises turn out to be difficult”
.
Regarding the prospect for the park, Chen said ”
I
believe we do well as long as the policy is sound and risks evaded due to step by step development .”
H
e
repeatedly emphasized “
w
e
should keep a staid mind amid the project.”