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    Growth Of Ecuador'S Textile And Garment Industry Plan 8%

    2011/12/20 10:22:00 10

    Planned Growth Of Textile And Garment Industry

    The government of Ecuador intends to consolidate the country. Spin And garment industry, through the implementation of a special plan to enhance the competitiveness of the textile and garment industry to achieve, Ecuador industry minister Santiago Leon said.


    At the opening ceremony of the seminar on "textile and clothing: macroeconomic analysis" in Ecuador, Santiago Leon said that the textile and clothing sector provided direct access to 127 thousand people in the country. Obtain employment Chances are that 73% of the workers are in urban areas, and the remaining 27% come from rural areas.


    Leon said that during the 2005-10 years, the textile and clothing sector in Ecuador grew at an average annual rate of 1.14%.


    Leon said that by the end of 2011, the textile industry contributed 5.8% to Ecuador's economy.


    According to the current plan to enhance competitiveness, the goal will be in the next 4 years. Spin The productivity of the garment industry has increased by 8%. The plan to enhance competitiveness includes consolidating the process of public-private dialogue.


    Leon said that the growth rate of 8% will meet the growth of domestic demand in recent years.

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    Bangladesh'S Clothing Exports To The United States Dropped By US $43 Million.

    Bangladesh clothing manufacturers and Exporters Association (BGMEA) latest statistics show that in the first four months of the current fiscal year (2011 7-10 months), Bangladesh's clothing exports to the United States amounted to US $1 billion 480 million, a decrease of 43 million US dollars over the same period last year of 1 billion 630 million US dollars. This is mainly due to the decline in orders for underwear.

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