250 Million Textile And Coated Fabric Project Settled In Yancheng
On the morning of August 16, the textile and coated fabric project with an investment of 250 million yuan was officially signed in Yancheng modern high-end textile industrial zone. LAN Qinghua, director of Gaofang District, and Wu Qiang, chairman of Nantong Quanji textile coating Co., Ltd., signed the agreement.
The total investment of the project is 250 million yuan, including 80 million yuan of equipment investment, covering an area of 100 mu and a total construction area of 60000 square meters. The project is divided into two phases. The first phase of the project is planned to start construction in December 2019 and put into operation in October 2020, with an annual output of 60 million meters of weaving and coating fabric production line.
The second phase of the project is planned to start construction in December 2020, complete and put into operation in August 2021, and build a printing and dyeing production line with an annual output of 60 million meters. After all the projects are completed and put into operation, the annual sales can reach 300 million yuan and the tax revenue will reach 10 million yuan.
Since this year, the good investment environment in Gaofang district has attracted businessmen to visit and settle down. 38 new tracking projects, 23 newly signed projects, 8 newly started projects, 9 newly completed projects and 5 newly completed projects have been introduced. The 60 million textile and coated fabric project is another project over 200 million yuan introduced and signed this year.
Chen Qiao, deputy director of the county investment promotion center, Wang Ke, deputy director of the Bureau of housing and urban rural development, Wu Jun, Secretary of the Party Working Committee and town Party committee of Gaofang District, and Jiang Jianwei, Zhou Zhulin, Cai Weishun and Liu Jianjun attended the signing ceremony.
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