The Largest Overseas Textile Investment Project In Shaoxing Is Located In Vietnam, With An Annual Output Of 350 Million Meters Of Chemical Fiber Fabrics.
A few days ago, Zhejiang Tianlong digital printing and dyeing Co., Ltd. invested 80 million US dollars. The Limited by Share Ltd project of Tianlong (Vietnam), wholly owned by Vietnam, has been approved by the national development and Reform Commission and reported to the Ministry of Commerce.
It is reported that this is the largest overseas investment project in our city so far.
Faced with increasingly severe environmental constraints and international trade barriers, Tianlong eyes decided to establish a foreign production base.
On the basis of many visits, the company decided to establish a Limited by Share Ltd in Vietnam's National Development Zone, Vietnam Yue Industrial Park, Pingyang.
According to the introduction, the project used 155 mu, will introduce 3000 shuttleless looms, plan annual production of 350 million meters chemical fiber fabric.
At present, the project has entered the stage of geological exploration design and application for business license.
People of insight believe that the success of the project will bring beneficial enlightenment to other enterprises.
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