Algiers Government Chooses Textile And Leather Industry As The Leading Wave Relief Industry Plan
In order to revitalize the low competitiveness of the domestic manufacturing industry, the government raised the budget of 135 billion Argentinas in the first ten days of June to about $2 billion, which is the most important financing facility for enterprises to purchase machinery and equipment and semi-finished products. The first wave gave great encouragement to the textile industry, leather industry and furniture industry to enhance the competitiveness of the industry.
Ouyrher, Prime Minister of Algiers, personally chaired the industrial reengineering Action Conference (CPE), pointing out that the traditional industries in China face a sharp decline in recent years in the face of strong foreign competition, which has led to the trend of manufacturers to dismiss employees and shut down their factories.
In view of this, the government has launched the five year industrial revitalization plan, which includes the textile industry, the leather industry and the wood industry.
These industries are facing fierce competition from foreign countries, which have spread to nearly 2/3 industries in the domestic chain of production. The Ministry of trade forecasts that 94 billion 500 million of the funds will be injected into the domestic manufacturing industry.
The fund 30% will help enterprises repay their taxes.
Bank financing
And directed return
Algeria
Besides the central bank's redemption of debts, the textile industry has put forward more than 23 billion 900 million dnore investment plans for the replacement of machinery and equipment. Secondly, the textile and fashion industry needs financial assistance of 7 billion 400 million Dal, wood processing industry 5 billion 400 million dannal and leather industry 2 billion 800 million DAL.
The Ministry of Finance said that enterprises need to purchase machinery and equipment to enhance industrial competitiveness, and also apply to the preferential treatment of this fund.
In terms of the textile industry, it is the industry that creates the most employment opportunities in the country. Among them, the state-run Texmaco is specialized in the production of textile and cloth, including 25 garment enterprises in the middle and lower reaches of the related enterprises. Besides, the C&H group has 15 downstream garments, the two state-owned textile groups account for 75% of the domestic textile output, employing over 15 thousand employees, and its 25% textile production is created by private enterprises.
The National Federation of industry and commerce, Amar Takjout, Secretary General of FNTTC & UGTA, said that in addition to the purchase of machinery and equipment, the government must invest in professional training institutions to help enterprises not easily find industrial and technical personnel.
International Trade
Since 1990, there has been 8 years of social riots and many professional staff training has been lost, especially in the school of art and design of clothing and footwear schools.
Algeria consums about 34 million pairs of shoes per year, but foreign counterfeits are flooded. The government is forced to impose import quotas and strict trade barriers to protect the livelihoods of domestic producers.
As far as textile and leather industry is concerned, only 15% of the total domestic product is owned by citizen enterprises, and the remaining 85% products are dependent on foreign imports.
Textile and leather production in 2009 amounted to 26 billion 400 million D; the trade union called for 38 billion 500 million D's funds, and the annual growth rate reached 10%.
In addition, in order to reward the exporters of Argentine products, since 2003, the government, the Algeria Trade Union (CACI), the General Administration of customs, the international export business development council (Algex) Algeria Export Association (Anexal) and the World Trade Center non-governmental organizations have jointly commended them for contributing to the export.
In 2010, the export volume took the first place as Cevital group, and President Issad Rebrab pointed out that the Samsung strategic alliance between the group and the South Korean government, in addition to the assembly of white goods and communications equipment products in the Arab countries, and the diversification of industrial operations in the agricultural products processing industry to enhance product value added, Cevital also created foreign exchange earnings in the agricultural products processing industry, for example, the quantity of white sugar production amounted to 380 thousand tons of sugar, and exported to over 30 countries, including Canada, Switzerland, Indonesia, South Africa and neighboring African countries.
In addition, the jury's special awards were awarded to the Knauf company, a company that specializes in manufacturing and supplying building materials cups, which are awarded Fairview products such as cosmetics and fragrances, and Comaver export cleaners.
Mustafa, the trade minister attending the commendation conference this year, said that industrial products accounted for only 5% of the total exports of the country's exports. The rest were oil and oil derivatives and related raw material products of agricultural products, indicating that the upgrading of the domestic industry still needed the joint efforts of the government and the enterprises.
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