'One Belt, One Road' gives Taiwanese glass fiber firm a geographic advantage - News Summed Up

'One Belt, One Road' gives Taiwanese glass fiber firm a geographic advantage


Established by Taiwan Glass Industrial Corp. (台玻集團), Taichia Chengdu Glass Fiber Co. (台嘉成都玻纖公司) in Sichuan province is an important glass fiber manufacturing base in western China. In 2012, Taiwan Glass built the glass fiber plant in Qingbaijiang District of Sichuan capital Chengdu. Taichia Chengdu Glass Fiber, which had total investment of US$320 million, spanned 543.6 hectares and created 1,000 jobs. Hu said that the short-term business opportunities of "One Belt, One Road" were not significant for the glass fiber yarn and cloth industry. In the end, this impact will provide indirect benefits to Taichia Chengdu Glass Fiber, he said.


Source: The China Post July 18, 2017 06:11 UTC



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