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Vinatex plans to initiate investment projects

17 Jan '07
1 min read

Vietnam Textile and Apparel Group (Vinatex) is planning to start six new projects with the investment of US $5.96 million and approved ten other projects assigned to its subsidiary companies for implementation.

Vinatex invited investors from Taiwan, Korea, Japan and US to carry out its investment program by 2010, including group A–conditioned investment projects worth $143.75 million, 30 projects of group B worth $93.75 million and 36 group C projects worth $19.8 million.

In 2006, Vinatex implemented 35 investment projects worth $209 million that started in 2005.

Fibre2fashion.com News Desk-Vietnam

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