Haining Leather City plans to double its leather market area
The fifth phase project of Haining Leather Market is planed to be built to meet the increase demand of market and consolidate its leading role in the industry. The project will cost total investment of 660 million yuan, among them 169 million yuan fund are collected from IPO, the rest parts of fund come from the earning of leather market.
The new leather market is on next to the Fur Plaza and on opposite of old leather market, which will cover 56,900 square meters of land area and to be completed in coming two years.
It is said the business areas of Haining Leather Market could be doubled while the fifth phase project is put into use.
SOURCE: CHINA LEATHER NET