The industrial park renovation project in Gaosha Community, Xiaolan Town was topped out on October 18. It took only 3 months for the project to complete investment attraction. Three enterprises are about to settle in the park, with an estimated annual output value of 300 million yuan in total.
Covering a land area of about 2 hectares mu, the project has four 8-storey high-standard factory buildings, with a total construction area of over 76,000 square meters.
Guangdong QYD Garment Technology is one of the three enterprises in the park. According to Jin Wang, president of the company, QYD has rented two of the factory buildings, with a total construction area of 35,000 square meters, to headquarter in Xiaolan Town for further development.
Jin Wang says QYD will put its four factories in Xiaolan together for intensive development. This move is expected to help the company save nearly three million in operating costs every year. Meanwhile, QYD will invest over 20 million yuan in equipment renewal and technical reform. Currently, QYD's four factories can achieve an annual output value of 200 million yuan, and after moving into the park the figure is expected to increase by about 50%.