LED manufacturers will engaged in the initial phase of the park

Meanwhile, QAV Technologies Sdn Bhd chief executive See Keat Siang said there would be a surge in the production of LED lighting in the second half 2012.QAV, an American National Standard Institutes LED high bay light certified company in Bayan Lepas, runs test on LED products that are exported to the US and European markets.See said there were 20 local LED companies involved in the assembly of LED lighting products for domestic consumption in the household and commercial segment.

 Recently, at the energy conservation project recently held in Moscow, The Shanghai Cooperation Organization (SCO) China Business Council has announced  China would  inject a total investment of $ 500 million to form "Shenzhen LED Industry Park"  in Russia,which will generate the output of 1.5 billion yuan after the completion .

This industry park is designed to be built into LED-based product manufacturing base and target the markets of Russia and other SCO members. The project encompasses 50 to 100 hectares, consisting of plants, research labs, supporting residence and infrastructures. The park will house enterprises covering varied LED-based application fields, such as LED packaging, outdoor and indoor lighting, LED display etc.There are about 10 high bay light manufacturers will engaged in the  initial phase of the park.

 "On Energy Saving and Efficiency Improvement " passed through Russian Parliamentary has also attracted Shenzhen LED enterprises to invest in Russian market.The regulation rules that starting Jan 1, 2013, Russia is to ban  the production and sales of 75-wattage-and-above incandescent; starting 2014, the ban will spread to 25-wattage-and-above incandescent. This indicates a potential market demand of LED lighting in Russia in the future.