According to recent news from “News”, the Economic Development Bureau of Madagascar (EDBM) reconfirmed that Madagascar’s “New Textile City” project will be located near Moramanga after an on-site inspection on May 16 Ambohibary.
It is reported that the project covers an area of about 80 hectares and has an investment of about 150 million euros. EDBM officials said that the Mauritius-Africa Fund had proposed cooperation intentions during President Rajoelina’s visit to Mauritius in March this year.
