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Newsletter:
March 2004 Textile Cities Textile City in Pakistan The city will be self-sufficient in water supply, power generation,
desalination plant and effluent treatment plant. The concept of a Textile
City is part of the Trade Policy for 2003-04, with the objective of
providing the much needed infrastructure for the textile and leather sectors
This mega project will create 80,000 new jobs and additional export earning
of US$2.2 billion yearly from export of value-added textile products. Vietnam Textile Zone
Opens The Viet Nam Textile and
Garment Corporation (Vinatex) has signed a contract to lease 80ha in the new
zone. Vinatex has already invested in a water-treatment plant on the leased
land, aiming to supply water to its subsidiary factories operating in the
zone. Eight other investors have
registered for an additional 30 ha in the Industrial Zone. With an
investment of VND239 billion (US$15.3 million), the joint-stock company’s
shareholders include Vinatex (51 per cent), Tan Tao Industrial Park Company
(25 per cent) and Sai Gon Construction Company (24 per cent). The Government has approved
a plan mapped out by Vinatex to develop 11 textile industrial zones and
complexes across the country.
Dubai Textile City Jimo- A City of Knitting Jimo Municipal Government
aims to propel its knitting and garment industry to reach the goals of RMB20
billion in annual output value and 1 billion sets of knitwear and garment.
To achieve this, the Jimo Government will invest RMB5 billion for
enterprises to conduct technological innovations and brand building. The
ultimate goal is to make Jimo the largest research, development, production
and marketing base for the knitting and garment industry in the north of the
Yangtze River. |