BIP Perolo Jiangsu Engineering Technology Co Ltd in the Rudong Economic Development Zone (REDZ) recently broke ground on its high-end valve project.

The project consists of a modern factory, scheduled to start operating in April of next year. Production capacity in the zone will be expanded fourfold, raising the zone's high-end equipment manufacturing industry to new heights.

The facility comes after the establishment of BIP Perolo Jiangsu Engineering Technology in the zone by Perolo, a globally renowned valve manufacturer, in April 2015.

After years of development, BIP Perolo Jiangsu Engineering Technology was recognized as a provincial-level high-tech enterprise and specialized and innovative small and medium-sized enterprise in 2022.

The favorable business environment in REDZ has been attracting an increasing number of foreign investors. For example, investors from Ireland, the UK, Thailand, and other countries have increased their investments in the area to expand production capacity.

A groundbreaking ceremony for the high-end valve project of BIP Perolo Jiangsu Engineering Technology Co Ltd. [Photo/Nantong Daily]