Shandong Ruyi Layout Western Textile City

The "Chongqing made" textile and clothing products will enter the sales network of two world top 500 enterprises and seize the market at home and abroad.

The first phase of the western textile city project, which is jointly invested by two world top 500 enterprises in Japan, Itou Tada Commercial Corporation (hereinafter referred to as Itou Tada) and Korea SamSung Products Co., Ltd. (hereinafter referred to as Samsung products), will be completed in this month, and is expected to be put into operation in July next year, according to sources in Wanzhou's Economic Development Zone, Shandong's Ruyi Technology Group (hereinafter referred to as Shandong Ruyi).

The total investment of the joint venture project is 5 billion yuan.

It is understood that Shandong Ruyi is the ten most competitive enterprise in the national textile industry, and has the largest domestic scale.

Yesterday, Sun Baodong, deputy general manager and Secretary of Ruyi property company in Ruyi, Shandong, said that the joint venture project contained three parts, namely, 250 thousand spindles compact spinning project, 50 million meter Ruyi spun fabric project and 10 million sets of Ruyi spun clothing items.

After completion, it will form the largest textile industry chain base in the west, which can achieve sales income of 10 billion yuan, provide 10 thousand jobs, and drive 30 thousand people to start their own businesses.

"At present, the detailed rules for the construction of our project have been passed by experts."

Sun Baodong revealed that in this month, the western textile city, which is co operated by the three giants, can enter the construction phase. It is expected that the factory building can be completed in the next year and will be put into operation in July next year.

Products will enter the sales network in Japan and Korea.

As for why Itou Tada and Samsung products will take part in the investment in the western textile city, Yuan Ruhe, Minister of human resources of Ruyi group, Shandong, does not want to talk much. He only said that the two world top 500 enterprises are very optimistic about the development prospects of Chongqing, and have maintained good cooperation with the group. "The top two top 500 companies have visited Chongqing for many times, and have also audited our financial reports before finalizing cooperation."

After the western textile city is put into operation, "Chongqing made" clothing products will enter the sale of Itochu and Samsung products.

Textile industry speeds up industrial pfer

In fact, as early as 2005, Shandong was willing to invest in the construction of textile base in Wanzhou. The Chongqing Three Gorges technology Textile Co., Ltd., established in Chongqing, has invested 1 billion 600 million yuan in more than 6 years to solve more than 4000 employment.

The western textile city project was launched by the giant in Chongqing.

According to the Ruyi plan of Shandong, the western textile city built by Chongqing group will eventually become a large textile kingdom including production base, technology R & D center, trade center, logistics center and life service center, with a total investment of up to 15 billion yuan and is expected to be put into operation during the "12th Five-Year" period.

At that time, the textile city will become a textile commodity trading center in Sichuan, Shanxi, Hubei, Hunan and Guizhou provinces, and it is expected to achieve sales income of 30 billion yuan a year.

It is reported that aiming at the advantages of cost and so on, in recent years, more than 10 foreign textile and garment enterprises have been pferred to Chongqing.

According to the news from the Municipal Commission of letters, apart from Shandong's Ruyi, Zhejiang, YOUNGOR, Shanghai kola and Zhejiang DSM biotech Co., Ltd. and other foreign giants have also been laying production bases in Chongqing.

The Municipal Commission believes that the entry of foreign projects into Chongqing will further improve the garment industry chain in Chongqing and help upgrade the industry.