ESR Group builds photonics technology park in SND

Representatives from SND and ESR Group sign a cooperation agreement in SND on June 5. [Photo/WeChat account: snd-szgxqfb]

The world's third largest listed real estate investment manager ESR Group will establish a photonics technology park in Taihu Science City in Suzhou New District, Suzhou, Jiangsu province.

The news was published at a signing ceremony on June 5.

The industrial park is expected to house more than 20 well-known multinational companies in the photonics industry to boost the construction of a world-class photonics innovation center and 100-billion-yuan ($14.04-billion) photon industrial cluster in the district.

Headquartered in Hong Kong, ESR Group is the largest real asset manager in Asia Pacific with a presence in China, Japan, South Korea, and the US, as well as countries in Europe.