Oasis Garment to open Binh Dinh factory

Saturday, Jun 04, 2016 11:43

The Singapore-funded Oasis Garment Co has been licensed by Binh Dinh's Department of Planning and Investment to develop a garment factory capitalised at VND16 billion (more than US$710,000) in the locality. — Photo oasisgarment.com

BINH DINH (Biz Hub) — The Singapore-funded Oasis Garment Co has been licensed by Binh Dinh's Department of Planning and Investment to develop a garment factory capitalised at VND16 billion (more than US$710,000) in the locality.

Covering 18.000sq.m in Diem Tieu Industrial Complex, the factory is expected to produce 1.2 million products annually.

The latest project brings the total number of foreign-funded projects in the province to 61, with a combined investment capital of $460 million.

Local authorities are commited to providing support to investors and offering incentives to attract investment and talented people. — VNS

 


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