Taiwanese Shoe Manufacturers Invest in El Salvador

NanYang Footwear is to invest $3 million in the country to produce footwear and export it to other markets.

Friday, September 20, 2013

From a press release from the Presidency of El Salvador:

The Taiwanese company engaged in the manufacture of footwear NanYang Footwear, in a clear commitment to El Salvador, started operations in the country by establishing and expand its subsidiary in the country under the name of ADI FOOTWEAR SA de CV, with an initial investment of $1.5 million, plus plans to invest an additional $1.5 million and carry out an expansion which will generate more than 1,000 new jobs over the next year.

As part of the promotion of investment, the Government of El Salvador announced at a press conference on Friday September 20 the establishment and expansion of the company ADI FOOTWEAR SA de CV.

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