Shandong Feiyamei Import and Export Co., Ltd. Plans to Establish A New Mosquito-repellent Incense Manufacturing Factory in the Republic of Ghana, with An Annual Production Capacity of 500,000 Cases.

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Shandong Feiyamei Import and Export Co., Ltd.

Shandong Feiyamei Import and Export Co., Ltd. plans to establish a new mosquito-repellent incense manufacturing factory in the Republic of Ghana, with an annual production capacity of 500,000 cases.

Shandong Feiyamei Import and Export Co., Ltd. has established (English name) FATALA GHANA LIMITED in Takoradi City, Ahanta Region, Ghana. The project includes purchase of 120 mu of land, construction of 23,000m2 production workshops, warehouses and other facilities, equipment export of 1,650 sets of self-owned production equipment exported from China, including mosquito coil forming machine, packaging machine, Raymond mill system, homogenization system, drying system and power supply system, as well as partial steel structures and raw/auxiliary materials. Upon completion, the project will achieve an annual output of 500,000 cases of mosquito coils. The total investment of the project is USD 5 million, including USD 4 million for domestic physical capital contribution, USD 200,000 for land purchase, USD 300,000 for factory construction, USD 200,000 for equipment installation, and USD 300,000 for working capital.

LFGWZB [2021] No. 71

July 20, 2021