Shenzhou completes textile and apparel production chain in Vietnam
Shenzhou completes textile and apparel production chain in Vietnam
In order to complete its textile production chain from fibre textile to apparels, Worldon Vietnam Ltd. (under Shenzhou International Group Holdings Ltd.) will continue to expand investment.
Last weekend, Worldon Vietnam has launched its $310-million project in South East Industrial Zone (IZs), Cu Chi district, Ho Chi Minh City. In early 2015, the company were approved to expand its project with an additional capital of $140 million.
Chairman of Worldon Vietnam Ma Jianrong said that Shenzhou is a producer of completed apparel products, from fibre textile and flower prints to end apparel products for famous fashion brands like Nike, Adidas, Puma, and Uniqlo. The project was delayed for a time, then deployed in 2016.
Tran Viet Ha, head of the Investment Division of the Management Board of Ho Chi Minh City Export Processing Zones-Industrial Zone (HEPZA), said that this is the largest apparel project in Ho Chi Minh City’s IZs. Although the city has a policy of not attracting labour-intensive projects, including textile and apparel projects, but this project is licensed because the investor has committed to using the most advanced production equipment and technology available.
Gain Lucky Vietnam (Sunray Macao Commercial Offshore Limited) in the southern province of Tay Ninh's Phuoc Dong IZ will provide input materials for Worldon Vietnam’s factory. Additionally, Worldon Vietnam has invested into building a centre for fashion design and high-level apparel, headwear, and footwear production.
Currently, Worldon Vietnam has completed three factories, while the additional area is approximately 15 hectares.
