Shenyang Textile Area to Occupy 100 Enterprises
Source: Fibre2fashion Date: 2007-05-15
Recently, the government of Shenyang city held an investment meeting for the textile industry zone, where four Chinese and overseas enterprises signed investment contracts, and many enterprises have expressed keen interest. So far, the textile industry area has received an investment of RMB320 million.
With a total investment of RMB500 million, the area is expected to be 2.8 square kilometers, and can contain over 100 textile enterprises.
This textile industry area will be the modern, which integrates the production, search and development and marketing and logistic.
The main enterprises belong to cotton spinning, wool spinning, dyeing, color weaving, knitting, clothing, household textiles, industry textiles, chemical fibre and other industries.
This area will be located in Kangpin County and the local government will probably provide favorable policies. In addition, the Shenyang Government will also allot funds each year.
