Second "hand in hand" only because of trust! Pan-Ocean Textile Phase II Project Settles in TEDA Cooperation Zone
Release time:
2020-03-06 00:00
On March 5, the signing ceremony of the second phase of the textile project of Egypt Pan Ocean Textile Co., Ltd. (hereinafter referred to as "Pan Ocean Company") entered the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as: TEDA Cooperation Zone) expansion zone was held in the TEDA Cooperation Zone The conference room was grandly held. Liu Aimin, chairman of the Egyptian TEDA Special Zone Development Company (hereinafter referred to as the "Special Zone Development Company"), and Wang Hongxiang, chairman of Transocean, signed the land transfer contract at the ceremony on behalf of both parties.

The second phase of the Pan-Ocean Company's textile project, which covers an area of about 26000 square meters, is expected to have a total investment of US $30 million. It is mainly used in PET polyester chip drawing and polyester filament manufacturing. After the project is completed and put into operation, it is expected to achieve an annual output value of 40 million US dollars and solve more than 1000 local jobs.
It is worth mentioning that this is the "second hand in hand" with the park since the first phase of the textile project of Pan-Ocean Company settled in the TEDA Cooperation Zone in 2019 ". It is also the third time that Wang Hongxiang, chairman of Pan Ocean Company, has chosen to make additional investment in the cooperation zone since he first entered the cooperation zone to build the Leichu project production base in early 2018. From the main focus on the production and processing of raw materials to the integration of product production, processing and sales, Pan Ocean Company chose to settle in the TEDA Cooperation Zone. Behind this rapid growth, it is the company's grasp of the development of the times and the development of the times. "One-stop" service is closely related.
At the signing ceremony, Mr. Wang Hongxiang, chairman of Pan Ocean Company, said that up to now, no matter how fast or slow the development of the enterprise, the service of TEDA cooperation zone has always kept up with the pace and never slackened, bringing it a sense of belonging. Therefore, he chose to settle in TEDA cooperation zone again and was willing to take root and develop here. At the same time, he personally witnessed the rapid development and rapid changes after the upgrade of the TEDA Cooperation Zone, which further strengthened the company's confidence and determination to develop here.
Related News
2025-11-28