On April 11, the second quarter of 2023 major projects promotion meeting of Suzhou Industrial Park was held at the site of the third phase project of Sandlake Fund Town, where a number of major projects were started and completed and put into operation to lay a solid foundation and solid support for achieving the annual economic and social development goals, and to inject new momentum into the park to accelerate the construction of an open and innovative world-class high-tech SIP.

At the event site, a number of major projects were started and completed, including eight start-up projects such as the third phase of Sandlake Fund Town, Suzhou Ashit Energy Technology New Project, Ishikawajima Shouli rotary technology production base, and eight completion projects such as enterprise headquarter base, POSCO Technology New Energy Vehicle Drive Motor R&D and Production Project, and Shinnovi Small Molecule Innovative Drug Production Project, etc. The demonstration projects will drive the park project construction to a new high.

At the meeting, Suzhou Oriza Holdings Co., Ltd. spoke as the representative of the project.

To further enrich the office space and strengthen the overall supporting facilities, the Sandlake Fund Town Phase III Project, operated and managed by Oriza Holdings, will include office, hotel and commercial businesses with a total construction area of 110,000 square meters and a planned total investment of 700 million yuan, which will meet the business activities and living support needs of the resident institutions more efficiently and enhance the town's capacity.

Sandlake Fund Town is a highland for the gathering of innovative capital in the park. By the end of March 2023, 298 equity investment management teams were stationed in the town, gathering 644 specialized venture capital funds with a total scale of 336.8 billion RMB.

Next, the town will insist on serving the real economy as the fundamental, strive to improve the whole industrial chain of funds, promote more innovative capital rooted in the town and service SIP, and gather more than 1,500 fund enterprises with a total scale of 500 billion yuan by the end of 2026.

Back