Project’s perfect fit for Hai Duong
The province’s deputy chairman Le Hong Van said the project would have a great social significance as it would create jobs for over 10,000 local labourers and help the country be less reliant on imported sources.
The project will cover more than 70 hectares in Nguyen Giap industrial cluster in the province’s Tu Ky district.
Of the project’s total investment, $120 million will be poured in garment segment and $60 million into the textile segment. Once completed, the project will generate a turnover of $590 million annually.
Founded in 1997, Pacific Textile Group turns out 360 million metres of fabric per year and reaps $750 million in revenue per year.
Crystal Group, set up in 1970, earns $1 billion in revenue per year.
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