A groundbreaking ceremony of Jiujiang VEKE Textile and Apparel Industrial Park was held on May 11 in the Donggang District of Jiujiang, Jiangxi province. Jiujiang VEKE Textile and Apparel Industrial Park covers a construction land of 350 acreages. VEKE printing & dyeing program, VEKE knitting program have already moved into the Park. VEKE printing & dyeing program was invested 301 million yuan and blueprinted to build six printing and dyeing programs. Annual output printed and dyed fabrics to reach 80 – 90 million meters with sales revenue topping 700 million yuan. VEKE knitting program was a joint venture program co-invested by Jiujiang Knitting Garment Co., Ltd and Zhejiang VEKE Group with overall investment of 200 million yuan. Sales revenue of this program would reach 400 million yuan and generate $20 million of foreign exchange.

Source: China Textile Leader