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Datang-SFPI Venture Capital Fund was established 2012-08-30

Source: Datang Telecom Group

On August 14th, the opening ceremony for Datang-SFPI Venture Capital Fund was held in the city of Haikou, Hainan Province, China.

The fund aimed at building “smart Hainan” and Hainan International Tourism Island, promoting businesses for Chinese and Belgian enterprises. Datang-SFPI Venture Capital Fund would focus on new industries, such as mobile communication, IoT, and 3G value-added services.

On the opening ceremony, Belgian Vice Prime Minister and Pension Secretary Vincent Van Quickenborne said China now had become an important trade partner, and Belgian government welcome Chinese enterprise to invest in Belgium. By establishing this fund, Belgium would further cooperate with Chinese enterprises. Zhen Caiji, Datang Telecom Group president and board chairman, expressed thanks to Hainan for support in establishing the fund. Datang-SFPI Venture Capital Fund would be used in promoting scientific and technological advances, upgrading industries and maintaining healthy social and economic development of Hainan Province, helping to build Hainan into  an internationalt tourism island.


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30 August.2012
Datang-SFPI Venture Capital Fund was established
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