Member for

3 years 11 months
Submitted by ctv_en_8 on Thu, 06/08/2006 - 16:00

The US ITG Group and the Phong Phu Corporation under the Vietnam Garment and Textile Group (Vinatex) on June 7 signed a contract to build a modern garment and textile industry complex in the central city of Da Nang.

The complex, called Burlington-Phongphu Solutions Supply Chain City, has a total investment of over US$80 million, 60 percent of which will be contributed by the US group and the remainder by the Vietnamese partner.

The project is scheduled to be completed within 18 months. Once operational, the complex can produce 60 million sq.m of fabric annually, and turn out various kinds of garment.

Add new comment

Đăng ẩn
Tắt