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Taiwanese Company protests withdrawal of license
12
Mar '09
The Taiwan based Eclat Group has threatened to pullout from its proposed new investments in its operation in Vietnam, if its license to set up a dyeing house is withdrawn by the government, informed a company official.

The Eclat group is principally is in to designing, manufacturing, processing and trading fabrics and garments and exports its products to the United States of America, Asia, Europe, Australia and other countries.

The group was granted a license by the Vietnamese authorities in 2007 to set up a textile unit with dyeing facilities, which is actually banned under the country's environmental laws and is ready to start operations in April.

The company plans to employ around 1,000 people and has a capacity to process 6,000 tons a year. The official added by saying that the company is confused by the withdrawal of a license granted earlier.

95 percent of construction has been completed on the project to be set up at the My Xuan A2 Industrial Park in the province's Tan Thanh District, while the $1.5-million wastewater treatment system is in testing stage.

Earlier in 2007, the Ba Ria-Vung Tau Province's Industrial Parks Management Board granted an investment license to the company with approval from the Department of Environment, despite the company's plans to dye fabrics.

Fibre2fashion News Desk - Vietnam

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