Jinghe Packaging to build USD 75m (CNY 500m) smart packaging plant in Foshan
Foshan Jinghe Packaging Technology has secured a 26.4-mu industrial plot in the Sanshui district Shuidu food and beverage industrial park, Guangdong, for a new smart packaging production base. The project carries total investment of CNY 500m (USD 75m), including CNY 250m (USD 37.5m) in fixed assets, and is expected to generate annual output value of CNY 300m (USD 45m) once operational.
Why this mattersLocal food-packaging capacity inside a park hosting Coca-Cola, Budweiser, Red Bull and Carlsberg operations shortens packaging supply lines for beverage makers in the Greater Bay Area.
- Total project investment CNY 500m (USD 75m), of which CNY 250m (USD 37.5m) is fixed-asset investment
- Planned annual output value of CNY 300m (USD 45m) once the plant reaches capacity
- Plot of about 26.4 mu secured on 21 October 2026 in Sanshui district, Foshan, Guangdong
- Jinghe Packaging makes plastic, bamboo-pulp and kraft-paper food packaging, exported to Europe, the Middle East and other overseas markets
- Site is within the Shuidu food and beverage industrial park, home to over 300 food and beverage and related companies including Coca-Cola, Budweiser, Red Bull and Carlsberg
- New plant will combine green smart packaging production, new-material R&D testing and custom packaging solutions
Sources
feng.ifeng.com
ZH