Three textile projects with a total investment of 131 million yuan signed in De’an

On Aug 8, three projects with a total investment of 131 million yuan were signed and settled in De'an, Jiangxi.

The three signed projects are all located in De'an Baota Industrial Park, including a project with an investment of 1.01 billion yuan to build an annual output of 200 million meters of ultra-fine high-density functional polyester and nylon fabrics, a project with an investment of 200 million yuan to achieve an annual output of 30 million meters of ultra-fine high-density functional polyester, chemical fiber fabrics and chemical filament, and a project with an investment of 100 million yuan for textile printing and dyeing lines. After the projects reach the expected production and standard, it is estimated that the annual output value will be 920 million yuan, and the annual tax payment will be 14.2 million yuan.

The signing of these projects will help to further improve De'an's textile industry chain, enhance the overall competitiveness and risk resistance of the local textile industry, attract more upstream and downstream enterprises to gather, and promote the coordinated development of the industry.