Wuxi Shuguang Cable invests 500 million yuan in the first phase of the "submarine cable" project settled in Ruichang City

On the morning of August 24th, the signing ceremony of the “submarine cable” project with an initial investment of 500 million yuan was held in the report hall on the 4th floor of Ruichang Municipal Government, Jiangxi Province. The participants were signed by Tan Zhiwen, Chairman of Jiangsu Wuxi Shuguang Cable Co., Ltd. Party committee secretary Gu Xiaoping, deputy secretary of the city party committee, mayor Luo Wenjiang, deputy party secretary of the municipal party committee Zeng Xiankui, the chairman of the Standing Committee of the Municipal People’s Congress Xu Xiuwu, the chairman of the CPPCC chairman Liu Mingzhen, and four sets of leaders at home.

The project was invested by Jiangsu Shuguang Cable Co., Ltd., located in Pier Industrial City, Ruichang City, covering an area of ​​100 mu. The annual production scale is 1,000 kilometers of submarine cable. The first phase of the investment is 500 million yuan, and the investment in the first three years is 1.5 billion to 2 billion yuan. Yuan, set a tax of 30 million yuan after putting into production.

The transportation location of Ruichang City has obvious advantages and abundant natural resources. The municipal party committee and the municipal government strongly promoted the development strategy of “developing along the river and building cities”, and achieved fruitful results in attracting investment. The Agricultural Bureau of Ruichang City actively promoted the city's investment promotion policy, created a foreign investment environment, and introduced submarine cable projects, marking a breakthrough in the production of submarine cables in Jiangxi Province.