Hongkong Luen Thailand Strengthens Investment In Philippines Textile Industry
China
Hongkong Luen Thai
The holding group and the Ministry of trade and industry of Philippines signed a memorandum of understanding on three investment plans. It is estimated that the new investment in the Philippine textile industry will amount to $8 million 400 thousand and create more than 7000 jobs.
It is understood that the main contents of the three investment programmes include:
The Philippines
Local investment in the construction of a fashionable handbag production base is expected to be put into operation next year. The main customers will be the world famous brand Coach. In addition, once the Save Our Industries Act is passed, eligible Philippines made garments can enjoy tariff relief and export to the United States. In order to seize this opportunity, Lian Tai plans to expand the leisure clothing production base in Philippines, Clark, and build jeans factory and wash water nearby.
Equipment factory
。
The total investment of the three programme budgets is US $8 million 400 thousand, which can create more than 7000 jobs.
Henry, chief executive officer of Luen Thai, said that the stability of Philippines workers is relatively high, and wages are slightly lower than those of other labor-intensive countries. These are the reasons for attracting investment from Lutai.
- Related reading
Silk Clothing Industry Exports To Domestic Sales To Deal With Industry Pressure
|- City Express | Deep Foundation: Deputy Secretary Of The Municipal Party Committee And Mayor Chang Shuming In Samsung Clothing Research
- News Republic | Samsung Garment As A Practical Training Base For College Students, Does Not Forget To Take The Initiative To Provide Internship Opportunities For Graduates.
- brand building | Remember The Mission Of Jinzhong City People'S Congress To The Samsung Garment Expansion Project Base Research
- Dress culture | Non Heritage Culture: General Tiger Appeared In The 2019 "ABC Cup", The First Jinzhong City Vocational Skills Competition.
- Dress culture | The Inheritance And Development Of The Handicraft Skills Of The Heritage Culture "General Tiger" Won The Entrepreneurial Award.
- Company news | Devotees Of The Great Parade: Shanxi Bing Juan Garment Co., Ltd. Successfully Completed The National Day Military Parade Production Task.
- Fashion brand | G-SHOCK (CASIO) X CONVERSE TOKYO New Joint List Will Be Landed Next Month.
- Fashion brand | Chao Card 424 X Arsenal (A Senna) Joint Gentlemen Clothing Series Released
- Fabric accessories | Leading The New Trend Of Wool Industry, The Eighteenth "Weaving Trade Fair" Will Be Held In November.
- Fashion blog | The Main Trend Of Autumn And Winter Is Western-Style Clothes, Loose Trousers, Big Shoulder Suits And Retro Costumes.
- Qian Li Gang Was Awarded The Title Of "China Well Known Trademark" By SAIC.
- Shanghai's Largest Self-Employed Entrepreneur
- Louis Weedon Was Investigated For Failing To Disclose The Purchase Of Hermes Shares In Time.
- APL彈力鞋巧借借NBA封殺做廣告
- Rayon Cotton Spinning: Sitting On Viscose Knitted Yarn Head
- SEIREN Spring And Summer New Products Mainly Push Copper Ammonia Fabric.
- Functional Fabrics Sell Well In Shengze Market &Nbsp; Imitation Memory Products Show Attractive Charm.
- The Acquisition Station Is Sick Of Cotton!
- The Market Is Entering A Deceleration Period, And Cotton And Cloth Industry Are In Chaos.
- Shortage Of Workers Spread To &Nbsp, &Nbsp; Pformation And Upgrading Is The Best Policy.