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ITG plans to invest $80m into manufacturing complex in Vietnam

07 Jun '06
3 min read

"Known for its complex needle, this region offers distinct skills in intricate sewing and apparel production. Supply Chain City brings together Burlington's extensive fabric expertise with Phong Phu's garment knowledge offering customers a unique, full-service garment solution," he added.

Wilbur Ross, Chairman of ITG, said, "Vietnam is becoming an increasingly important resource for garment production. Its pending membership in the World Trade Organization will be critical to fully realize the future contributions of this country. We are pleased by last week's U.S. trade agreement with Vietnam and urge the continued progress towards the country's entry into the WTO."

The Supply Chain City joint-venture partnership will be formally announced later today during the official signing ceremony in Ho Chi Minh City. Tran Quang Nghi, General Director of Phong Phu Corporation and Joseph Gorga, President and CEO for ITG will preside over the ceremony which will include government dignitaries and the media.

Burlington WorldWide (BWW), an International Textile Group Company, is a leading provider and marketer of technology and fashion driven products for the Menswear, Womenswear, Activewear, Uniform and Barrier markets. With offices Worldwide, BWW provides textile innovations and solutions to its clients and partners globally.

Phong Phu Corporation is a state-owned company and memberof VINATEX. Started in 1965, it operates today as one of the largest textile and garment enterprises in Vietnam. As a diverse manufacturer its products include a wide range of fabrics, yarns and garments.

International Textile Group

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