SAMOA PLANS CHINESE GARMENT FACTORY;

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KOREAN PROJECT APPROVED

APIA, Samoa (July 6, 1998 - PACMNEWS)---Negotiations currently under way between the Samoan government and a Chinese garment factory could result in 300 Samoans and 50 Chinese becoming project employees.

Department of Trade secretary Lauano Chan Tung says talks leading up to approval of the project have been held with the China Ningbo Jin Young Woollen Mill.

He says the cashmere factory owners propose to lease a building and make a start-up investment of $US 500,000. Plans call for the company to later build their own factory building.

Meanwhile, a South Korean garment manufacturer, Daewoosa-Samoa, has been given preliminary approval by the American Samoa Immigration Board to allow 150 Vietnamese into the territory to start up Daewoosa’s clothing factory.

The Korean company plans to begin production of T-shirts and sports wear for export to the United States and Canada by late this year of early next year.

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