TAIWAN: Eclat Textile investing US$35m in Vietnam expansion
Eclat Textile Co, one of Taiwan's top-three garment makers, plans to invest US$35m on expanding its operations in Vietnam according to local media.
The company, which already has garment factories in the country, now intends to set up dyeing and weaving plants as well.
Construction of the new facilities will begin in August and is due to be completed by the end of June 2008.
Production will start at 600,000 kilograms of fabric per month, doubling to 1.2m kilograms in two years.
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