Ajlan & Bros inks deal to expand affiliate’s plants in China

04/09/2016 Argaam

Ajlan Bin Abdulaziz Al Ajlan and Brothers (Ajlan & Bros) has signed an agreement with the Chinese government to expand plants owned by one of its affiliates in China at SAR 840 million (1.5 billion yuan).

 

Expansion plans include adding new production lines and introducing new products.

 

The deal was announced on the sidelines of the Saudi-Chinese Business Forum.

 

Ajlan’s business portfolio in China comprised four wholly-owned companies operating in the fields of cotton products, clothes, Arabian-style scarfs, as well as gift, and wood boxes. The Riyadh-based company designs readymade clothes and classic menswear in Saudi Arabia and GCC region.

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