"Take The Road All The Way", Yantai Textile Enterprises Abroad Collect Gold.

"At that time, I took a fancy to it. Cambodia The advantages of various aspects. Speaking of the company's investment in Kampuchea along the "one belt and one way" state, Wang Shuo, deputy general manager of Yantai Mingyuan Home Textiles Co., Ltd., said that the strategic effect of the "going out" strategy has begun to appear. Since the commissioning of the Cambodian textile mill in October last year, the export volume has reached about 700000 US dollars, and a good start has been made, and the next development plan will be determined according to the situation.

Seek development: take the initiative to go out and Cambodia factory

"After several years of development, the company also wants to seek greater breakthroughs." Yantai Ming Yuan Home textile Wang Shuo, deputy general manager, said that the company is a professional bedding manufacturer and an international trade enterprise. It was founded in 2008 as a relatively young enterprise. Now there are four sewing factories, an embroidery factory, a quilting factory and a printing and dyeing factory.

Wang Shuo said that in the global economic downturn, last year's company Sales volume It reached over 560 million yuan, and foreign exchange earnings were ranked first in Fukuyama district. In this case, the company also wants to seek further development, implement the strategy of "going out", and attract money abroad, so last year it has been inspecting foreign markets.

"There is order guarantee at hand." Wang Shuo said that most of the products produced by the company are exported to foreign countries and have relatively stable orders. The order is guaranteed, so we have confidence in building factories abroad.

Wang Shuo introduced that in domestic processing plants, labor costs and other costs are increasing, and the problem of recruitment is becoming more and more prominent. If we can build factories in Southeast Asia and other countries with abundant labor resources, it is a good choice.

After investigation, the company finally decided to invest in the construction of its own company in Sihanouk, Kampuchea. The company's initial investment was US $3 million. In August last year, the workshop rental and other matters were settled. The newly established Kampuchea Ming Yuan Household Textile Co., Ltd. was formally put into operation in October last year.

Concession: enjoy tax revenue. Exit Multiple dividends

It is reported that Ming Yuan home textile investment in Kampuchea is also optimistic about the local multiple dividends. At the national policy level, Kampuchea welcomes enterprises to invest in business. In order to attract investment, the local government has offered more favorable conditions, for example, the factory can be duty-free in the first three years.

"The average monthly wage of local workers is between 130-150 dollars." Wang Shuo said that the textile industry is a labor-intensive industry with less investment in equipment, and the wages of workers are a great cost. Compared with China, local labor resources are abundant, plus low prices, which can effectively reduce the cost of enterprises and achieve greater benefits.