Tuesday, 4 June 2013

Countries unveil widening range of garment-making development plans

Morocco’s government and textile trade associations revealed a development programme that was long on ambitious targets, devoid of any detail and suspiciously cheap for its predicted benefits. 
Algeria’s plans depend on a Turkish partner with an established record of success in Egypt and Bangladesh.  Nigeria, Africa’slargest country, presented a programme fordomestic textile manufacturers to move from 12% to 25% of the country’smarket that included providing adequate energy supplies, had demonstrated a year of finding investment money and honestly admitted it would include robust protectionism. 
North Korea sends Kaesong workers to courses intended to educate capitalism out of them. 
The previous Egyptian regime’s strategies for attracting foreign investment overturned as current Prime Minster threatened with jail if he doesn’t re-nationalise textile companies  

Some national plans work: some don't. The May 2013 edition of The Source, like its predecessors, doesn't just relate the last month's sourcing news. It places sourcing events into their wider context.

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