China Information

Thursday, January 18, 2007

Hong Kong Tristate Holdings Limited invests 100 million yuan to build industrial park in Hefei

It is reported that Hefei Tristate Garment Co,Ltd. Industrial Park, which is to be built with the 100 million yuan investment made by Hong Kong Tristate Holdings Limited, officially broke ground in Hefei Economic & Technical Development Zone. Hong Kong Tristate Holdings Limited is a world leader in the garment industry and owns 18 subsidies globally. Phase I of the project that was started recently is expected to complete and start operation in June this year, and the whole project will be completed in 2009. Upon completion, the industrial park will produce over 1 million lady garments monthly, which will all be exported to Europe and the US with 90% to the US market.

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