Another good news in June! Yaochungrui Textile Company Enters TEDA Cooperation Zone
Release time:
2023-06-22 00:00
On June 19, the signing ceremony of the expansion zone of Egypt Yaochungrui Textile Co., Ltd. (hereinafter referred to as Yaochungrui) to enter the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as TEDA Cooperation Zone) was held in Changzhou, China. wei jianqing, executive director of the egyptian teda special zone development company, and li xiaochun, head of the yaochun grui project, signed the land transfer contract at the ceremony on behalf of both companies.
The signed Yaochungrui Egyptian textile project covers an area of 66000 square meters and is planned to be used for the production of blankets and bedding. The products are mainly for international markets such as Europe, Egypt, and the Middle East.
Li Xiaochun said that after many contacts with the TEDA team and on-site visits to the TEDA cooperation zone, he deeply felt TEDA's service concept of "investors are emperors. Based on the international strategic advantages of the TEDA Cooperation Zone and Egypt, she believes that Yaochungrui and other companies can seek greater development space and more market opportunities here.
With the entry of Yaochungrui Egypt textile project into the zone, the agglomeration effect of the textile industry plate in the TEDA Cooperation Zone will be further strengthened, which is of great significance to the further improvement of the textile industry chain in the expansion zone.
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