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AB Group invest money to build process factory at overseas

AB Group invest money to build process factory at overseas

Write: Fulbright [2011-05-20]

At present,"Xinlan (Cambodia)Garment Co.,Ltd"invested by Jiangsu AB Group Co.,Ltd-the biggest textile & fashion overseas process item is authorized by Commerce Ministry.

It is introduced that AB group invest 16.50million USD in the form of equipment, material and part capital to establish overseas process trade enterprise in Phnom-pen where they process the material in Cambodia and distribute to Occident market.

The principle of AB Group show that China underwear enterprise can not endure the cost for quota brought by Occident restriction on China underwear, Go out is one of efficient measures to solve problem for private enterprise shortage of quota.