|
The Guangdong-based shoe corporation S-DROLUN is set to open a production headquarters in Ruzhou’s Light Industry Park.
Covering more than 12 hectares, the center will create more than twenty thousand jobs and produce about 8 billion yuan worth of product annually. The company will establish itself as an economic power engine in this region.
The shoe manufacturing center is just one branch of the vigorously expanding economic base in Ruzhou. The city’s economy thrived in 2010. Projects worth 8.92 billion yuan, including a refinishing factory for Jet Valve Co Ltd – a valve producer based in Zhejiang – and a Kam Tai Chemical Co Ltd factory, were recently introduced to Ruzhou. That provides impetus for further growth in the local economy.
Ruzhou officials are fully committed to building a platform to position the area to attract local and international investments. Kohlberg Kravis Roberts & Co L.P, the International Finance Corporation and the JPMorgan Chase and Amp Co have been seeking cooperation with the Tian Rui Group – the largest steel foundry based in Henan. Zhong Ping Energy Chemical Group, Zhengzhou Coal Industry (Group) Co Ltd and Henan Shenhuo Group have also opened locations in Ruzhou.
|
