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New apparel project to come up in China's Sichuan province
11
Feb '14
To accelerate the expansion of clothing industry, a new project is coming up in Jingyan County, located in southwestern Chinese province of Sichuan.
 
According to the Jingyan Industrial Zone Management Committee, two companies—Jiangsu High Hope International Group Company and Sichuan Sun Garments Industrial Co. Ltd—have signed an agreement to invest 1.4 billion yuan to set up a new garment factory.
 
The project includes setting up a Huihong garment production base at a total cost of 800 million yuan, consisting of new international SGS standardized plant and ancillary facilities of over 20 million sq m.
 
The new garment unit, with an annual capacity to produce 8 million jackets, suits and other high-end clothing line, is expected to become operative in 2016, bringing in annual sales income of 3 billion yuan and creating 6,000 employment opportunities.
 
In recent years, the Jinyan County government has accelerated major transportation projects to add weight to the local textile and garment industry. The County has a solid industrial foundation and rich labour resources, and now efficient transport system, which offers a comparative cost advantage, which increases investor confidence.
 
A clothing incubator project is being built in the textile and garment industrial park with an investment of 535 million yuan. The project brings together 3-5 large enterprises, 27 small and micro enterprises, and supports several associated industries like chemical, printing, embroidery, buttons, zippers, accessories, etc. to achieve an annual output of 50 million garments.
 
In fact, the textile and garment industry has become the pillar industry for economic development of Jingyan. In 2013, the County had over 60 textile enterprises, employing more than 10,000 people, creating an annual production of 4 million metres of fabric, resulting in sales income of over 40 billion yuan.
 
The Huihong garment production base adds a chain to the existing textile base and resulting in new engine for the high-end development of the clothing industry in the County.
 

Fibre2fashion News Desk - India


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