Construction work for Jiangsu Keer Ya Textile project starts
15 Dec '08
1 min read
The construction of Jiangsu Keer Ya Textile project, invested by Suzhou Keer Ya Group Co Ltd started its grand foundation ceremony in Economic Development Zone of Hongze County on December 6.
Total investment of the project is expected to touch 250 million yuan, of that, fixed assets account for 180 million yuan. It covers an area of 17.78 hectare, including knitting production, textiles production, dyeing and finishing, garment production.
Experts are anticipating that after the project becomes fully operational, it will realize an annual sale of 250 million yuan, with profits and taxes reaching 25 million yuan.