The Textile Federation Ltd. Co (Taiwan, China) started the construction of a factory producing apparels for export in the southern province of An Giang on December 23.
The plant, located in the Xuan To Industrial Zone, has a total investment of 100 million USD.
It is expected to create jobs for more than 29,000 local workers once it goes into operation.
In the first phase, the plant covers a land area of 54.7 ha whose infrastructure was fully developed by the province. It is expected to complete by the end of 2016.
The second phase, in 2017-2019, will see the factory expanded by 93.6ha.
The investor expects to increase investment capital to about 500 million USD for the project if everything goes smoothly.-VNA
