Green Silk Road Fund
Company type | Investment fund |
---|---|
Industry | Investment Management |
Founded | 2015 |
The Green Silk Road Fund (abbreviated GSRF) is an investment fund led by Chinese private entrepreneurs to support projects in China and along the countries of the
Fundraising
A driving force behind the investment fund is Wang Wenbiao, Chairman of the
In addition to Elion Group, other firms contributing capital to the fund are China Oceanwide, Chint Group, Huiyuan Juice, Macrolink, JuneYao, Ping’an Bank and Sino-Singapore Tianjin Eco-city.[2]
The first phase of the fund is expected to reach RMB 30 billion.[3]
Investments
The fund intends to invest in solar power projects, tree planting, and livestock breeding.[citation needed] At the launch of the fund in March 2015, the first project announced was a RMB 5 billion investment in an "ecological solar panel industrial chain" between Beijing and Zhangjiakou, Hebei.[2]
References
- ^ "Silk Road initiative connects countries on path of prosperity". China Watch. July 3, 2015.[dead link]
- ^ a b c Meng, Jiao (March 9, 2015). "First PE fund for Green Silk Road launched in Beijing". china.org.cn.
- ^ "China's New Silk Road Could Expand Asia's Deserts". The Diplomat. September 10, 2016.