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Madagascar Economic Development Council Confirms "Textile New Town" Project

2019/5/29 11:19:00 11906

MadagascarTextile CityInvestmentOverseas Textile

According to the recent news of the news, the Malaysian economic development board (EDBM) reconfirmed that after May 16th, the "new textile city" project will be located at Ambohibary near Moramanga.

It is reported that the project covers an area of about 80 hectares, with an investment of about 150 million euros.

EDBM officials said the Mauritius Fund Mauritius-Africa Fund had proposed cooperation during President Rajoelina's visit to Mao in March this year.

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