Madagascar Confirms "Textile New Town" Project
According to the recent news of the news, the Madagascar economic development board (EDBM) once again confirmed that the Madagascar textile town project will be located at Ambohibary near Moramanga after its on-site inspection in May 16th.
It is reported that the project covers an area of about 80 hectares, with an investment of about 150 million euros.
EDBM officials said the Mauritius Fund Mauritius-Africa Fund had proposed cooperation during President Rajoelina's visit to Mao in March this year.
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