GMHIDC GOES TO WORK IN VIETNAM GMHIDC GOES TO WORK IN VIETNAM
AUGUST 2005

GMHIDC announced today that it has signed a joint venture agreement with Chu Lai United Holdings a Vietnamese corporation to participate in the design, construction and operation of 5 textile-manufacturing plants in the newly formed Chu Lai Open Economic Zone (OEZ) in Quang Nam Province, Vietnam. The agreement gives GMHIDC a 70% stake in the new venture and also names GMHIDC as the general partner...
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