55mln Pieces/yr Knitted Apparel Project Located in Aksu, Xinjiang
On March 10, Aksu Textile Industry City held signing ceremony of investment-promotion project. The 55 million pieces/year knitted apparel project, invested by Orient International Holding Shanghai Litai Import and Export Co., Ltd and Nanyang XinAo Knitting Co., Ltd, has located in Aksu formally.
The project is invested 1.05 billion yuan totally, with 500 mu land areas and will be divided into three phases. The first phase will start in March 2018, with yearly production of 20 million pieces of knitted apparels. After the completion of construction, the yearly sales revenue will reach 1.5 billion yuan and foreign exchange earnings will approach $120 million. About 4,500 jobs will be provided.
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