Entrepreneurs Committee of the Shanghai Cooperation Organization meeting on energy saving projects in Moscow yesterday announced the construction of Shenzhen LED Industrial Park in Russia with a total investment of $ 500 million after the completion of the output value will reach 1.5 billion yuan. The Industrial Park, Shenzhen Green Semiconductor Lighting Co., Ltd. initiated the establishment of Shenzhen LED enterprises “going out” to explore the Russian market on behalf of the project.
It is understood that the first phase of the industrial park will have about 10 of the Shenzhen LED manufacturing companies involved. After the completion of the industrial park will be built into the LED series products production base, the other members of the market for Russia and the Shanghai Cooperation Organization. The project covers an area of 50-100 ha, with plants, research laboratories, supporting residential and the industrial park infrastructure as a whole. The enterprises of the industrial park will cover the different applications of the LED industry, including LED packaging, indoor and outdoor lighting, LED display.
Shenzhen LED enterprises to Russia to vigorously explore the market, from Shenzhen’s close economic and trade relations with Russia. According to statistics, Russia is Shenzhen’s 11th largest trading partner, largest export market. In 2011, Shenzhen City with the Russian foreign trade import and export volume of $ 2.91 billion, an increase of 12.3%, of which exports $ 2.66 billion, an increase of 30.9%.
At the same time, the Russian State Duma passed the “energy conservation and energy to follow the example of Shenzhen LED Russia market is very interested. The Act provides that from January 1, 2013, Russia banned the production and sale of more than 75 watts incandescent light; since 2014, banning the production and sales of more than 25-watt incandescent. This means that Russia will become a great market demand for LED lighting.
Base of LED industry in Shenzhen, Shenzhen semiconductor lighting technology and product development, production and application of more than 700, the number of firms accounting for nearly half of the industrial scale of about 15 billion yuan.