VOL. XLI

No. 20

18-May-1998

JORDAN

Israeli Firm To Open Textiles Factory In Jordan

A unit of Israeli textile manufacturer Polgat signed an agreement on 13 May with theJordanian firm Century Investment Group to set up a stitching and finishing factory inJordan with an initial joint investment of $5.5mn. The Polgat unit - Bagir - expectsproduction in Jordan to begin in mid-1999 with garment output geared for export to the US.The new factory will be Polgat's first in Jordan and is part of the...