The first batch of direct investment projects from the Aksu Region Textile and Garment Industry Development Fund were successfully invested

“Our company originally planned a 100,000-spindle rotor spinning production project, but has been unable to complete the plan due to lack of funds. Now with this capital investment, we can purchase new cotton spinning equipment to increase production capacity and complete the production project plan. I am very grateful to the party and the government for their financial ‘living water’.” On February 14, Ma Chuanchun, financial director of Shaya ShouxinCotton Textile Co., Ltd., said gratefully.

The reporter learned from the Aksu Regional Finance Bureau that recently, the Aksu Regional Textile and Garment Industry Development Fund’s first batch of direct investment projects of 19.8 million yuan was successfully invested. According to the investment plan, all the investment funds totaling 41 million yuan will be used for the transformation and upgrading and production capacity expansion of the invested enterprises. Subsequent investment funds will also be received in time according to the needs of the enterprises. The Aksu Region Textile and Garment Fund has taken a key step in supporting local advantageous industries.

In the production workshop of Aksu Jiade Textile Co., Ltd., 200 newly imported looms are being installed and debugged and are about to be put into production. “Thanks to this 3 million yuan direct investment from the regional textile and garment industry development fund, we can purchase new equipment as planned and further expand the production scale.” said Xu Haiming, the person in charge of the company.

It is reported that since the Aksu Region Textile and Garment Industry Development Fund was established in 2022, through extensive publicity and promotion and communication with enterprises one by one, each enterprise has a further understanding of the optimized statements and financing and credit enhancement effects brought by industrial fund investment. . The longer usage period and relatively broad usage direction of fund investment are more in line with the actual needs of enterprises and have been recognized by enterprises.

In the next step, the Aksu Regional Finance Bureau will continue to strictly play the role of the regional textile and garment industry development fund in supporting the textile and garment industry, and in addition to fund investment, use government financing guarantee institutions as a starting point to strengthen the follow-up financing of invested enterprises Guarantee support will promote the effective implementation of the investment-loan linkage mechanism, provide more support channels for small and medium-sized enterprises in the Aksu region, and help high-quality economic development in the Aksu region.

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