Kang Na Hsiung Enterprise, a well-known manufacturer of non-woven fabrics in Taiwan, has planned to invest US $30 million for the construction of its new plant in Sinchuan Province of China.
The Company, which first ventured into China with its Shanghai plant, will surely have a stronger foothold after this second project.
While first factory was established many years ago in Shanghai, the second plant would come up in Chengdu, Sinchuan Province with the aim to grab a larger market share of southwest China.
Kang Na Hsiung has already made an investment of US $30 million in 2007 for the plant which will be completed in 3 phases. Moreover, since commuting between the two countries has become more feasible, there is likely to be greater interaction and activities among entrepreneurs from both China and Taiwan.
Fibre2fashion News Desk - China
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