The Investment Committee of the Ministry of Trade and Industry of the Philippines stated that two garment factories in China, Zepher and Suzhou Tianyuan Garments, intend to invest in the Philippines.

Both companies are suppliers of world-famous brands, based on the gradual increase in production costs in China, coupled with the United States "Save our Industries Act" is expected to pass, when the Philippines uses the United States fiber or yarn tailored garment exports to the United States , enjoy duty-free treatment.

Therefore, Zepher and Suzhou Tianyuan Garments plan to relocate some of their production lines to the Philippine Special Economic Zone and the Clark Freeport Zone, with an initial investment of US$2 million each.

Zepher is a Japanese company that produces high-end women's ready-to-wear products for the Japanese market; Suzhou Tianyuan Garments has 2,000 employees in Shanghai, with the United States as the main market, and also accepts Adidas and Reebok's foundry business. Its investment in the Philippines can be Expect to bring more than 500 job opportunities.

Cashmere Raw ,Cashmere yarn

Cashmere Yarn,Cashemre Wool Yarn,Fien Wool Yarn

Askimy Textile Co., Ltd. , http://www.nmgpashmina.com

Posted on