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Business

Taiwan's Eclat Textile to boost capacity in Vietnam

TAIPEI -- Major Taiwanese apparel maker Eclat Textile plans to increase its production capacity in Vietnam, which is expected to benefit from the Trans-Pacific Partnership free trade pact.

     The company, which supplies clients like Nike and Adidas under outsourcing contracts, will invest $50.5 million to upgrade two factories. The expanded capacity will top 5 million pieces of clothing per month.

     Taiwanese media reports say $40 million will go to a factory in Ba Ria-Vung Tau Province and $10.5 million to a plant in Dong Nai Province. Construction will start in early 2016.

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