The Growth Of Electricity Price Threatens The Output Of Fiji Textile And Garment Industry.
With the growth of electricity costs, Fiji's textile, clothing and footwear industry is worried that this will bring the threat of competitiveness to the country.
The textile and footwear industry in Fiji is particularly vulnerable because they have long been subjected to high-level competition from other low-priced commercial countries. At present, textiles, clothing The footwear industry is suffering from the adverse effects of the world economic recession and wage growth in 2009. The price of electricity has also added sadness to the textile industry.
This may be one of the problems faced by the Fiji Electric Power Bureau, but interest The parties concerned, especially Spin People in costumes and footwear industry have discussed the impact of rising electricity prices on business.
The other concerns of Fiji textile clothing and footwear industry are the burden of rising electricity prices, which will lead to a decline in the competitiveness of Fiji textile and footwear industry in the global market. In addition, the idea of increasing production will also be lost. But the current possible solution is to reduce the electricity price of local consumers, which can help workers in textile and footwear industry.
In addition, the Fiji Commerce Committee decided to readjust the electricity price. Therefore, the Commerce Committee hoped that the representatives of stakeholders could feedback and solve this problem in a win-win way.
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