Malaysia'S Exports Of Textiles And Clothing Will Double In 2020.
According to a latest research report in the magazine, a number of measures to promote industry development in Malaysia are expected to promote the country.
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product
clothing
Exports amounted to US $7 billion 500 million in 2020, compared with us $3 billion 800 million in 2011.
According to statistics, 2011
Malaysia
Exports of textiles and clothing amounted to US $3 billion 800 million, a significant increase of 28.4% over the same period last year.
Among them, textile exports accounted for 65.3%, exports amounted to US $2 billion 500 million, an increase of 33.5% over the same period last year, and 34.7% of clothing exports amounted to US $1 billion 300 million, an increase of 19.8% over the same period last year.
Malaysia textile and garment industry hopes that good performance in 2011 will become an important starting point for the industry's export to enter a strong growth trend.
All this will be based on the Malaysia government's support plan for the textile and garment industry, including investment in high technology and high value-added products.
In recent years, despite the rapid growth of other industrial sectors, the Malaysia government has always believed that the textile and garment industry is one of the most potential industries.
For foreign investors, Malaysia is very attractive.
The government clearly pointed out that through a sound policy and create a good business atmosphere, and other ways to create profits for foreign-funded enterprises to help them grow and expand.
At present, some new growth points in the textile and garment industry have been included in the promotion of the third industry plan of Malaysia.
These areas include industrial and household textiles, functional fabrics,
National Costume
And fabrics, high-end clothing and fabrics.
In addition, strengthening the facilities construction and providing special services for enterprise development is also the focus of the plan, including the establishment of fashion centers and the introduction of dyeing and finishing equipment.
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