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Vinatex calls for investment in 11 big projects

23
Apr '07
Vietnam National Textile Apparel Group (VINATEX) recently announced the list of 11 big projects worth $388.4 million in textile and apparel industry and is inviting investment.

These projects will play key role in improving capacity and develop the industry of Vietnam.

Since 2001, VINATEX has invested $560 million capital in the industry, of which 28.5 percent comes from State Fund for Investment and Development, 53.8 percent from commercial loan and 5.7 percent from Foreign Direct Investment.

The group has set up several textile and apparel industrial parks, such as Hoa Khanh industrial park of textile–apparel–dying, Pho Noi B industrial park, Nhon Trach industrial park.

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Fibre2fashion News Desk - Vietnam


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