Xiang Enterprise invests 800 million yuan in Aksu textile industry

On March 25, a Xinjiang Metropolitan Daily reporter learned from Aksu Regional Economic and Trade Commission that Hunan Yiyang Puhua Textile Printing and Dyeing Co., Ltd. has signed an agreement with Aksu Textile Industry City (Development Zone) to invest 800 million yuan to build 200,000 new cotton spinning and 1,800 Loom production line project.

The signing of the agreement achieved a "good start" for Aksu Textile Industrial City (Development Zone) on the initial New Year textile project.

It is understood that Hunan Yiyang Puhua Textile Printing & Dyeing Co., Ltd. is a self-supported textile printing and dyeing company mainly engaged in the production and export of towels. The company's total assets are 68 million yuan, annual production of 15 million towels, and annual sales reach 200 million yuan. .

Leaders of PwC Textile Company visited Aksu several times to inspect and demonstrate and decided to build a new 200,000 cotton spinning and 1,800 looms production line in Akesu Textile Industrial City (Development Zone) with a total investment of 800 million yuan and an area of ​​600 acres. After the project is put into production, it can create an annual industrial output value of 540 million yuan, with an annual tax payment of 23.92 million yuan, and employ approximately 1,200 people.

Aksu Economic and Trade Commission official said that Pohwa Textile has successfully entered the development zone, promoted the integration of advantageous cotton resources in the region, promoted the concentration of the textile industry, and brought the textile industry of the Textile Industry City (development zone) to a new height. This year, the Textile Industry City (Development Zone) will continue to increase its efforts to attract more investment and ensure that more than 1 million spindles will be formed in 2012.

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