Brazilian companies Altair, Tendencia Malharia and Funny Honey are setting up a garment unit in San Lorenzo area of Paraguay in collaboration with Paraguayan firm Blue Desing.
The unit being established on an area of 22,000 sq m, with an initial investment of US$ 8.5 million, will have a capacity to produce 50,000 garment pieces per month, including shirts, jeans, shorts and swimwear.
The new unit will have latest machinery imported from China, Italy, Japan, Germany and the US.
Blue Desing currently employs 400 people and the setting up of new unit is expected to create about 1,000 new jobs this year.
Blue Desing currently exports around 800,000 garment pieces per annum to countries like Mexico, Chile, Argentina, Uruguay, EU and the US.
The US brand Quicksilver has been buying Blue Desing garments for several years, particularly jeans.
Jorge Bunchicoff, owner of Blue Desing, said his company is well-equipped to handle the new large-scale manufacturing unit, with its 15 years of experience and the low overall cost of production in Paraguay.
Fibre2fashion News Desk - India