Home / Knowledge / News / Apparel/Garments / Taiwanese firm to set up new garment unit in Philippines
Taiwanese firm to set up new garment unit in Philippines
08
Jun '13
A Taiwanese firm will invest P 360 million (US$ 8.5 million) to set up its third project, a new garment manufacturing unit, in the Clark Freeport area of Pampanga province of the Philippines.

Taiwan’s MSK Group Work, Inc. has signed a deal with the Clark Development Corporation (CDC) in this regard, after the board of directors of CDC approved the project last month.

The new garment manufacturing unit will generate employment for around 1,360 workers within the first three years of being operational, Arthur P. Tugade, president of CDC, said at the signing ceremony.

In addition to the Freeport Zone project, the Taiwanese firm has promised to invest P 50 million (US$ 1.19 million) for the reconstruction of the slope projection and other modes of transportation in the Freeport region.

MSK has also agreed to train local Filipinos in garment stitching, as part of its Corporate Social Responsibility, and would later on employ them at its manufacturing unit.

The MSK is a Taiwan-based group which manufactures for the US-based Coach Garments. It has two apparel manufacturing units in the Philippines—one each at Subic Bay Freeport Zone and Luisita Industrial Park—that are already operational.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search