Construction of stainless steel industrial park in Zhouning of Fujian launched
2019-07-31 16:16:14 [Print]
A ceremony was held on July 29th in Lidun, Zhouning, Fujian, to launch the construction of the stainless steel industrial park.
It's learned that the bids of the project was invited by Fujian Bidding Group and won by Fujian Mengxin Industry Co., Ltd, a subsidiary of Sinotube Group. The project, which has a total investment of RMB3 billion (USD435,793,144), will cover about 2,200,000 square meters and have an annual production capacity of 700,000t as planned. In particular, the first phase project will cover about 1,089,333 square meters (actual land supply of about 833,333 square meters) and will introduce 40 companies related to stainless steel deep processing. It's expected that the first phase project would have an annual production capacity of 400,000t and create output values of over RMB10 billion (USD1,452,643,812) after going into formal operation.
It's learned that the bids of the project was invited by Fujian Bidding Group and won by Fujian Mengxin Industry Co., Ltd, a subsidiary of Sinotube Group. The project, which has a total investment of RMB3 billion (USD435,793,144), will cover about 2,200,000 square meters and have an annual production capacity of 700,000t as planned. In particular, the first phase project will cover about 1,089,333 square meters (actual land supply of about 833,333 square meters) and will introduce 40 companies related to stainless steel deep processing. It's expected that the first phase project would have an annual production capacity of 400,000t and create output values of over RMB10 billion (USD1,452,643,812) after going into formal operation.
