COMMERCIAL
IN
CONFIDENCE
ACTIVE INWARD INVESTMENT PROJECTS FROM HONG KONG
SWILYNN LTD
Product: Blank video cassettes.
To Employ: 423
Cost:
£14.5
Location: North East
Timescale: To be in production by early 1988.
September 1986 IDU agreed to recommend £2.95 assistance subject to Swilynn raising the necessary private finance. Offer letter has been sent and is subject to getting clearance from legal advisors in Hong Kong that Swilynn (HK) Ltd will act as guarantor for the funds..
PERFECT KNITTING FACTORY LTD
Product: Knitwear sweaters, suits, dresses. To Employ: 25 rising to 150/250 long term.
Cost:
Location:
£1.1M
Yorkshire & Humberside, East Midlands, West Midlands, Wales Timescale: Late 1987 if project proves feasible. Company currently
assessing site bids.
LAWS FASHION KNITTERS LTD
Product: Knitwear
To employ: 2,000 in two stages
Cost:
£20M
Location: Probably Eire since the UK can not match the finance Eire offers. Portugal is now under consideration, but the IDBNI are actively pursuing this case and discussions continue.
Timescale: Late 1987.
POSSIBLE INWARD INVESTMENT PROJECTS FROM HONG KONG
COMITEX LTD
Product: Garments and knitted goods.
To employ: 150 initially, rising to 1,300 in four stages. Timescale: Not decided
QUALIDUX LTD
Product: Plastic moulds and plastic injection moulded products. To employ: 50/100
Timescale: Not decided.
Company visited North East for a second time in
November 1986.
HAKING ENTERPRISES
Product: Binoculars
To employ: 300
Timescale: Postponed in 1985, no indication yet of resumption.
No comments yet.
Private notes are available after approval.