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South Korean Textile Industry Intends To Expand Investment In Nicaragua

2011/10/22 10:54:00 23

Scale Of Textile Investment In South Korea

According to Mario Zelaya, President of the Nicaragua Building Association,

south korea

Hansae, a textile trader investing in the processing export area of Nicaragua, will expand its investment in the industrial area of 60 thousand square meters in Masaya, Nicaragua (Masaya) in 2011 and 2013. It is expected to invest US $15 million in 2011.


In 2013, it invested second US dollars in 10 million yuan, respectively.

Extension

30 thousand square meters of factory buildings, with a total investment of US $25 million, will create 6 thousand jobs.


At present, there are 92000 employees in the Nicaragua processing zone, and it is estimated that it will increase to 97000 by the end of the year.


South Korean textile operator Hansae currently works in Nicaragua's processing export area.

international

Brand Target, Old Navy, and so on.

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