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China investing US$2 bn to set largest cotton spinning facility in Pakistan

Related Keywords: cotton spinning facility in Pakistan, Faisalabad Industrial Estate Development and Management Company, FIEDMC, Largest textile mill in Pakistan, Shandong Ruyi Technology Group, textile industry in Pakistan

China’s fifth largest textile company, Shandong Ruyi Technology Group is investing US$2 bn to set up the largest cotton spinning facility in Pakistan. It has already bought 1,036 acres of land out of the total area of 4,500 acres in an industrial zone operated by the Faisalabad Industrial Estate Development and Management Company (FIEDMC),

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