Type of Project: Apparel & Textile

Name of Project:

Project of Producing Plastic Netted Fabric

Project Content: Plan to introduce investment and equipment so as to reach annual output of 50 million plastic netted fabric.

Construction Condition: Plastic netted fabric are substitutes of traditional netted bags and are widely used in the fields of packing industrial products, agricultural products. Good prospect of market.

Investment & Composition: Total investment amounts to US$ 3.57 million, of which, fixed assets account for US$ 2.84 million, working capital of US$ 0.73. Plan to introduce US$ 3 million of foreign investment.

Economic Benefit Evaluation: Annual sales volume of US$ 6 million, profit of US$ 1.5 million, and tax of US$ 0.35 million, and investment payoff term of 2.5 years.

Project Status: The project has been approved, and the feasibility study has been prepared.

Mode of Cooperation: Joint venture, exclusive investment or cooperation.

Introduction to Sponsor: Economic and Technological Development Corporation of Yingcheng City.