On April 19, the Chenzhou area of the China (Hunan) Pilot Free Trade Zone and Chenzhou High-tech Industrial Development Zone signed three project contracts with FLT HOLDINGS, Shenzhen Full Safety Technology Co., Ltd. and Chenzhou Omega Kimberley Hotel Co., Ltd. respectively.
Founded in 1996 and headquartered in Johannesburg, South Africa and Shenzhen, China, FLT HOLDINGS is the global business platform of OMEGA and mainly engages in the import and export of household appliances, electronic equipment, components, fast moving consumer goods, etc. Currently, it has 25 wholly-owned and 15 holding subsidiaries at home and abroad.
The headquarters economic project of FLT HOLDINGS will settle in the Chenzhou area of the China (Hunan) Pilot FTZ and Chenzhou High-tech Zone, in an effort to vigorously develop the headquarters economic industry, support the centralized layout and development of key enterprises by promoting industrial clusters, factor concentration and talent gathering, attract regional headquarters with strong connections to settle here and create a characteristic foreign trade industry cluster in Chenzhou. The project is expected to achieve a total import and export volume of over 100 million dollars each year.
Shenzhen Full Safety Technology Co., Ltd. plans to rent about 30,000 square meters of land in the comprehensive bonded zone in the Chenzhou area and High-tech Zone to build a factory for its LCD display project to produce a series of products such as LCD displays, new energy storage power supplies, sound amplifiers, air conditioners and refrigerators.
With a total planned investment of 500 million yuan, the project can achieve an annual total of 100 million dollars in foreign trade and provide jobs for 300 people after being put into operation.
Chenzhou Omega Kimberley Hotel Co., Ltd. will rebuild Kimberley Hotel which has been idle for years into a starred hotel with 150 standard rooms as well as a banquet hall, Western restaurant and conference hall. The project will be started from May 1, 2023 and officially put into operation on March 31, 2024 with a total investment of approximately 197 million yuan.