Morocco Textile Industry Welcomes Investment From Chinese Enterprises

< p > the agreement between the government of the People's Republic of China and the royal government of Morocco on mutual exemption from visas for diplomatic and official passports has come into effect. Jafar Alj Hakim, Ambassador of Morocco to China, said that the Chinese Embassy in Morocco will also issue a long-term visa for the Chinese businessmen wishing to invest in Morocco, and is willing to provide the necessary assistance. < /p >
< p > then, the Chinese ambassador to Morocco Sun Shuzhong said that in June this year, the king of Morocco will pay a state visit to China, and some relevant agreements that are conducive to bilateral investment between China and Moldovia are expected to arrive. It can be seen that the heat of economic cooperation between China and Moldova is gradually warming up, which also includes < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > a target= "_blank" href= "http://www.91se91.com/" > clothing < _blank > industry. The textile and garment industry is the second pillar industry in Morocco. The Morocco textile and garment industry association expressed its great desire to find Chinese partners to jointly develop the European and American markets. < /p >
< p > as one of the key industries developed by the government of Morocco, the textile industry has a history of more than 100 years in Morocco. At present, the employment scale of the textile industry in Morocco is 200 thousand, and it is the most employed sector in Morocco. Due to geographical and cultural proximity, Europe has become the main market of Morocco's textile industry. < /p >
< p > according to Mohamed Tazi, chairman of Morocco textile and Garment Industry Association (AMITH), at present, the annual output value of Morocco textile industry is about 6 billion euros, of which about 4 billion euros are exported to the European market, and 2 billion euros are sold in the local market. It is estimated that the consumption of textile products in the local market will increase to 4 billion euros in the next 10 years. < /p >
< p > in order to promote the rapid development of the textile industry, the Ministry of industry and trade of new technology announced the textile industry plan in 2025 in 2013. The main contents include: increasing production scale, upgrading and updating production technology and enhancing regional and international competitiveness, making Morocco a leading and leading international and regional country in the textile industry. "Morocco" Mohamed Tazi said: "in order to achieve the 2025 textile industry plan, we will sign a commitment letter with the government and promise to triple Morocco's textile exports in the next 10 years. China will become a good partner of Morocco, especially in spinning, weaving, accessories and other fields, and will enable us to complete export targets. " < /p >
< p > referring to the investment advantages in Morocco, Mohamed Tazi pointed out that Morocco has signed free trade agreements with Turkey, the European Union, the United States and Arabia countries, won the market access opportunities of these countries, and promoted the bilateral trade between Morocco and these countries. Chinese enterprises can enter other markets more easily through Morocco. < /p >
< p > in addition, he thinks China and Morocco are equal in terms of business cost. "The cost of spinning machines is almost the same as that of China in one day. The basic wage of Morocco textile workers is 200 euros per month, including all taxes and fees, which is not much different from that of China. More importantly, we are closer to Europe, closer to consumers in Europe and faster in response to market demand. " He pointed out that "this is also an opportunity for Morocco. Chinese enterprises can help us improve the industrial chain. Morocco's textile industry is full of opportunities. Opportunities exist everywhere in production and design. " < /p >
< p > Somitex is a textile enterprise located in Kentitra. According to Youssef Bessa, general manager of the company, the company's products are designed in the United Kingdom, produced in Morocco, and then exported to the UK market. "At present, all our raw materials are dependent on imports. This is also the main difficulty facing the company. Our current production capacity is 3 million pieces per year. If we can solve the problem of raw material supply, the output can at least double to 6 million. " He said so. < /p >
At the same time, he said, "because enterprises need to place orders, pay and receive goods from different regions in the process of production, they spend a lot of time and energy in the process. But enterprises mainly do fast fashion products, and time is the most important for us. The tedious process will lead to the loss of many orders by the company." P We very much hope that China's partners can join in. Morocco needs more than just financial support, but also needs advanced textile technology and perfect industrial chain matching. Because we already have the production capacity and the market, we hope to find some partners to jointly develop the European and American markets. " < /p >
In order to attract overseas investment, the government of Morocco is actively formulating a more preferential incentive policy. < p > Mohamed Tazi said: "at present, the government of Morocco has promised to return up to 20% of the capital to foreign enterprises invested in the textile industry. We feel that this is not enough. We are consulting with the relevant departments and will provide investors with higher return quota and more preferential incentive policies. " At the same time, Morocco's free trade area also provides investors with various preferential policies, such as tariff free and simplification of customs procedures. < /p >
< p > < strong > related links < /strong > < /p >
The kingdom of Morocco is a Arabia country in northwestern Africa. The East and southeast are bordered by Algeria. The south is close to the Western Sahara, the west is on the coast of the Atlantic, and the north is across the sea from Spain and Portugal. P < /p >
Textile and clothing industry is the second pillar industry in Morocco. The annual output value accounts for 9% of Morocco's gross national product, accounting for 25% of the total industrial output value of P. < /p >
Morocco is an important country in the Mediterranean economic circle. It has a preferential trade agreement with the European Union. Its textile and clothing products export to the EU enjoys a zero tariff policy. P In 2005, Morocco signed a free trade agreement with the United States, and textile and clothing products were also one of the tax-free products stipulated in the agreement. < /p >
Every year in January, Morocco held the Marco Textile (P), which is a professional exhibition. Its products include all kinds of accessories and clothing products. Morocco: an important platform for entering the European market < /p >
< p > located at the northwest end of Africa, east to Algeria, North and Spain across the sea, Morocco is known as the "North African garden" with its picturesque scenery. Walking on the streets of Rabat, capital, you will feel the title of "North African garden", and wonder if you are really in Africa. /p
< p > the warm climate from the Mediterranean and the Atlantic makes the evergreen trees and flowers everywhere in the four seasons, the intercity railway crossing the city and the modern expressway network are far from the traditional African impression. < /p >
< p > < strong > China Mao cooperation has just opened < /strong > /p >
After a thorough understanding of Morocco, P discovered that there are many similarities between Morocco and China: both countries have a long history and cultural tradition; in order to develop the economy, both countries have carried out drastic reforms; reform has brought about rapid economic development and marked improvement in people's living standards, and the new generation of young people's ideas are also experiencing a sharp collision with traditional concepts. < /p >
< p > however, so many similarities do not mean the in-depth understanding of the two peoples and the close cooperation in the economic field. On the streets of Morocco, the Asian faces are still unfamiliar to the people there; the main streets in the capital Rabat are surrounded by sales offices of various automobile brands, including European and Japanese, but can not see China. < /p >
< p > according to Sun Shuzhong, Ambassador of China to Morocco, there are only about 30 investment companies in Morocco. It mainly consists of two categories: one is information, communication and technology enterprises represented by HUAWEI and ZTE, and the other is engineering construction enterprises. The economic cooperation between China and Mo has just begun and the prospects are bright. In terms of tourism, only five or six Chinese tourists traveled to Morocco in 2013. < /p >
< p > < strong > the advantage of attracting investment is obvious < /strong > < /p >.
< p > in fact, as a potential investment destination, Morocco has many inherent and acquired advantages. Morocco has a unique geographical advantage - located in northwestern Africa, which is only 14 kilometers away from Spain across the sea, making Morocco the best platform for radiation in Europe, America and Africa. < /p >
With the help of different free trade agreements, Morocco allows investors to enter the market of 55 countries tax-free, facing more than 1 billion consumers and 60% of global GDP. P At present, Morocco has signed the Morocco European Union agreement with the European Union, signed the FTA with the United States, Canada and the Arabia alliance, and is signing the agreement with the West African Economic and monetary union. < /p >
< p > there are world-class infrastructures. In 2007, the Mediterranean Xingang of Tangier was officially built and put into operation, with throughput exceeding 3 million containers. The 15 international airports in Morocco connect major cities and the world economic platform; the expressway network extends in all directions, covering all major cities; the telecommunications industry is also one of the fastest and best industries in Morocco, accounting for 13% of GDP; in 2015, Morocco will build the first high-speed railway in Africa. < /p >
< p > in terms of human resources, < a href= "http://www.91se91.com/news/index_p.asp" > Morocco < /a > rich human resources, high level of education and strong competitiveness. To attract investment, the government of Morocco has also provided an attractive incentive policy. All this provides investors with good investment opportunities. < /p >
< p > < strong > free sign agreement promotes communication < /strong > /p >
< p > 1998, HUAWEI set up an office in Morocco. The company has invested in Morocco for many years, and Morocco is currently HUAWEI's largest market in North Africa. Xu Xujing, general manager of HUAWEI Morocco office, said: "Morocco has a great advantage, that is, geographical advantage. For Chinese enterprises, many times they can cover the European market and cover the African market through Morocco. In order to attract investment, the government of Morocco has also issued many preferential policies to help enterprises enter the European market. But for many reasons, Chinese enterprises do not understand and miss opportunities. " < /p >
< p > in order to promote personnel exchanges between China and People's Republic of China, the agreement between the government of the Morocco and the royal government of Morocco on mutual exemption from visas for diplomatic and official passports came into effect on March 6, 2014. Under this agreement, a contracting party holding a valid diplomatic or official passports citizen enters or leaves or transits on the other side of the contract for a period of not more than 60 days without visa. Jafar Alj Hakim, Ambassador of Morocco to China, said that the Chinese Embassy in Morocco will issue a long-term visa for one year, and is willing to provide necessary assistance to Chinese businessmen who are interested in investing in Morocco. < /p >
< p > according to Sun Shuzhong, in June of this year, the king of Morocco will pay a state visit to China. At that time, relevant agreements will be reached which will help Sino Mongolian bilateral a href= "http://www.91se91.com/news/index_c.asp" > investment < /a >. < /p >