Shandong Ruyi Joint Japanese And Japanese Enterprises Invest In Textile And Clothing Projects

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.

Yesterday, the news came from the Wanzhou economic development zone.

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. It has the largest wool textile industry chain and cotton textile dyeing and printing industry chain in China.

In April last year, the Group signed an investment agreement with the Wanzhou district government and announced the construction of the western textile city in Wanzhou.

The first phase of the textile city is invested by Shandong Ruyi and Itou Tada and Samsung products, with a total investment of 5 billion yuan.

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.

Why Itou Tada and Samsung will participate in investing in the west?

After the western textile city has been put into operation, the "Chongqing made" clothing products will enter the sales network sales of Itochu and Samsung products.

According to introducing, Itou Tada is the third comprehensive business in Japan. Its annual sales revenue is nearly trillion yuan. Its Itou Tada Fiber Co., Ltd. is the world's top textile industry trading company.

Samsung, the world's top 500 company, is the largest comprehensive trade enterprise in Korea and dominates Korea's foreign trade.

The two companies have extensive market networks all over the world.

Textile industry speeds up industrial pfer

In fact, as early as in 2005, Shandong Ruyi invested in the construction of textile base in Wanzhou. Its Chongqing Sanxia technology Textile Co., Ltd., established in Chongqing, has invested 1 billion 600 million yuan over the past 6 years.

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.