Wugang Textile and Garment Industrial Park Project Starts

On October 8, the first day of work after the National Day, Wugang City held a groundbreaking ceremony for the textile and garment industrial park project in the city’s industrial cluster.

According to reports, the Wugang Textile and Garment Industrial Park covers a total area of 242 acres, with a total planned construction area of 246,000 square meters. Among the 9 light industry standardized factories, 6 in the east district have a construction area of 143,000 square meters, and 3 in the west district. The building has a building area of 103,000 square meters and a total investment of about 1.53 billion yuan. It was developed and constructed by the city’s Yinlong Group and the Urban Investment Company respectively acquiring the assets of Wugang City’s Yuhong Company through judicial auctions. It is an example of the city’s insistence on implementing the industrial-based This is a successful case of disposing of zombie enterprises based on the concept of “Based as the Foundation and Project as the King”, which is of great significance to boosting the high-quality economic development of the county under its jurisdiction.

The Yinlong Home Textile 200,000-spindle worsted intelligent production line project started that day is located in the east area of the Textile and Garment Industrial Park. It is invested and constructed by Wugang Yinlong Group Company, occupying an area of With an area of more than 180 acres and a total investment of 1 billion yuan, it is planned to build 200,000 high-end pure cotton intelligent compact spinning production lines, 3 home textile production lines and 100 circular knitting machines, mainly used for the production, research and development and sales of high-end home textiles. It is later estimated that the annual output will be 50 million sets of bedding, with an annual output value of 1.9 billion yuan, annual profits and taxes of 190 million yuan, and employment opportunities for 600 people. Based on this, it is planned to build a production base in our province and even the country. A production base for home textiles with the most complete processes and high-end pure cotton. The Jinyuan Garment Project, which was started at the same time, is located in the west area of the Textile and Garment Industrial Park. It is jointly invested and constructed by Wugang City Jinyuan Garment Company and Wugang City Zhenyuan Garment Company. It mainly builds 36 production lines and has an annual output of 100 million pieces of knitwear. The clothing production capacity can provide employment for 2,000 people. After the project is completed and put into operation, the annual output value will be 1 billion yuan and it can earn US$150 million in foreign exchange.

The city will implement refined management of engineering construction and build first-class quality engineering projects in accordance with the general requirements of “safety first, quality first, efficiency first”.

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