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2015-01-19 18:30:00
HCM City economic hub of Vietnam set target of USD 700mn investment in 2015
Vietnam's southern economic hub Ho Chi Minh (HCM) City’s industrial zones (IZ) and export processing zones (EPZs) in 2014 attracted 752 million U.S. dollars in investment, up 23 percent
2014-11-12 11:00:00
Mombasa garments factory receives $25mn investment backing
Mombasa Apparels EPZ factory worth $25 million (Sh2.2b) located in Mtwapa, Kilifi County commenced operations last week. The new factory received backing of an investor in the textile manufacturing
2014-10-22 10:00:00
Pakistan Textile City gets approval for an additional Rs 1bn credit line from NBP
Pakistan Textile City can avail another Rs 1.16 billion financing from National Bank of Pakistan (NBP) to meet its financial needs, as NBP has increased the credit line against sovereign guarantee.
2014-10-02 14:00:00
Vietnam’s southern key economic zone has managed to attract FDI beyond expectation
Ho Chi Minh City, provinces of Binh Duong and Dong Nai in the Southern Key Economic Zone of Vietnam managed to attract Foreign Direct investment beyond expectations, fulfilling and exceeding its
2014-09-16 17:00:00
Kenya need to streamline activities with trade policy tools to aid textile and apparel sector
Kenyan textile industry was flourishing in the 1980s before the influx of ‘mitumba’ into the country. Companies such as Rivatex offered jobs and clothed Kenyans in new clothes while
2014-08-24 15:00:00
Bangldesh apparel-makers strongly opposing FDI in readymade garment sector
Japanese investors are showing interest in producing basic readymade garment products like pants and shirts. They have also assured of increasing garment imports from Bangladesh, which is strongly
2014-08-03 17:00:00
Vietnam fails to reach its FDI targets over policy shortcomings
Investors continue to pour money into labor-intensive manufacturing (particularly garment and footwear and automobile factories) which mostly rely on imported materials and equipment. According to
2014-06-30 13:00:00
Progressive Tanzania textile industry to pull more of Chinese investment
The boost in Tanzanian textile sector will help attract more Chinese investors which will benefit of both countries. Chinese Vice President, Li Yuanchao during his last week’s visit to Tanzania
2014-06-26 17:00:00
Two-way trade between India and Bangladesh likely to see remarkable progress
Two-way trade between India and Bangladesh stood at US$6.6 billion in 2013-14 with India’s exports at US$6.1 billion and imports from Bangladesh at US$462 million. Major Indian exports to
2014-06-20 00:00:00
Kenyan govt takes up the task to boost its textile sector
The Kenyan textile industry has made a sizeable contribution to income generation in rural areas by providing a market for cotton. The major factor inhibiting the growth of a textile industry in
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