Wulong County invests 1.3 billion yuan to develop copper cable projects

“We will form a silk rope manufacturing industry chain with Long Tai Company and expand the cable production in western China to form the most influential leading brand.” On June 26, the author learned from Wulong County's Chongqing Investment Promotion Bureau that the county Baima Industrial Park will introduce another cable manufacturing company and plans to invest 1.3 billion yuan to develop copper cable projects.

According to reports, the investment company is located in Jiulongpo District of Chongqing and has four processing bases in Chongqing. As the main city enterprises have retreated by two times, Wulong has taken advantage of the transfer of the main city enterprise. The company selected the Baima Industrial Park. The copper cables of investment companies have been developed for more than ten years, and their annual production value is nearly 2 billion yuan. The development prospects are very broad. Companies in the investment and financing, security and other fields to carry out business, better efficiency.

The company plans to invest 1.3 billion yuan in Wulong, and form a brother enterprise with the Longtai silk rope project that has already invested in production. After the project is put into production, the annual output value will be 400,000 yuan and the tax revenue will be more than 100 million yuan. The company will gradually develop upstream and downstream products, with an annual output value of 10 billion yuan, and will create a "100 billion" industrial chain in Wulong.