China cotton fiber plant in Quang Ninh

Sounds like a contradiction in terms but the heading means that  Quang Ninh provincial People’s Committee is working with Chinese Texhong Group on building a cotton fiber plant in Hai Yen industrial zone, Mong Cai City following the first one in southern Vietnam.

The plant will be in 30 hectares of land and the total cost will be $100 million.

Texhong is one of top ten groups of China in the field of cotton fiber textiles with total revenue of $700 million/year.