Home breadcru News breadcru Industrial breadcru Pingnan County in China investing ¥26 bn in textile industry cluster

Pingnan County in China investing ¥26 bn in textile industry cluster

03 Aug '21
1 min read
Pic: Shutterstock
Pic: Shutterstock

Pingnan County in the Guangxi region of China is building a textile industry cluster at an investment of ¥26.4 billion ($4.08 billion) to take advantage of its geographic location. The county has signed over 226 textile and garment projects for the upcoming cluster and will build over 100 enterprises, 37 of which are expected to begin operations by the end of this year.

In the first phase of the project, 9 dyeing and printing enterprises will begin their operations. The industrial park has a capacity of treating 100,000 tons of sewage and 1,250 tons of dyeing and printing fabrics on a daily basis, according to Chinese media reports.

The Pingnan County is slated to host 2021 Maritime Silk Road textile and clothing fashion conference in October this year.

Guangxi is a hub for silk production in China.

ALCHEMPro News Desk (KD)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!