Alar Economic Development Zone Allocates Hundreds Of Millions Of Funds To Promote The Development Of Textile And Garment Enterprises

In order to promote the smooth operation of textile and garment enterprises in the jurisdiction area, recently, alar economic and Technological Development Zone has allocated a total of 110 million yuan of special funds for the textile and clothing industry of 27 enterprises in its jurisdiction in 2022.

In the process of applying for special funds for textile and garment industry, alar Economic Development Zone has taken the initiative to strengthen service and coordination between the upper and lower levels, guide enterprises that meet the application standards to prepare basic information, and give subsidies to enterprises that meet the criteria in terms of pre job training, social security subsidies and outbound freight in 2022, At present, all funds have been pre allocated.

Xinjiang Douglas Textile Technology Co., Ltd. was upgraded in December 2021 and received more than 4 million yuan of subsidy funds this time. "This money has solved our urgent need. With this subsidy fund, we are more confident to do a good job in production and do our best to enhance the competitiveness of enterprises." Ding Xiandong, general manager of the company, said happily.

Compared with previous years, the number of enterprises pre allocated in Alar Economic Development Zone this year is the largest in recent years, which effectively alleviates the liquidity pressure of textile and garment enterprises.

In the next step, alar Economic Development Zone will make full use of the existing industrial support policies of BINGTUAN and Shicheng, actively strive for funds from higher authorities, strengthen the service for enterprises, and fully promote the sustained, healthy and high-quality development of labor-intensive industries such as textile and clothing in Shicheng.