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Regina Miracle International Vietnam project adjusted to increase total investment capital to 90 million USD On January 12, 2015, the Hai Phong Economic Zone Management Board issued a License [...]

On January 12, 2015, Hai Phong Economic Zone Management Board issued an adjusted Investment Certificate to Regina Company Limited Miracle IInternational Vietnam (Hong Kong investment capital), certificate of additional business lines, increase in enterprise charter capital; Adjust the target scale, location and land area, progress, and increase investment capital and capital contribution to implement the project "Regina Miracle International Vietnam" at VSIP Hai Phong Urban, Industrial and Service Area, Thuy Nguyen district, Dinh Vu - Cat Hai Economic Zone, Hai Phong city. Accordingly, the total investment capital was adjusted to increase from 60 million USD to 150 million USD, of which the capital contribution to implement the project is 100 million USD.
The goal of the project is to produce bras, women's underwear, shoes and sportswear. The scale of the project for a stable production year is 20,000,000 women's bras/year, 8,000,000 women's underwear/year, 2,000,000 pairs of shoes/year, 8,000,000 pairs of sportswear/year. According to the plan, phase I of the project to produce women's bras and panties will officially be produced in November 2015, and phase II will be officially produced in April 2016; The shoe production project was officially launched in January 2016; The project to produce sports clothing was officially produced in April 2016./.