Africa'S Investment In "New Green Space", Madagascar Unveiled Its New Image In The "One Belt And One Road" Conference Of China'S Textile Industry

Madagascar's economic development board, employers' organizations, trade associations and local well-known textile and garment enterprises have concentrated on the "one belt and one road" conference recently concluded at the 2019 China textile industry. They have demonstrated to the industry colleagues Madagascar's good investment environment, preferential policies, excellent business environment and comprehensive supporting service measures, as well as a strong desire to establish cooperation with China's textile and garment industry and enterprises.

During the conference, the delegation of Madagascar received a joint interview from five media including "textile and clothing weekly", "China textile daily", "China Textile", "Chinese clothing" and "Textile Science Research".

　　 Secretary for economic development of Malaysia

Andry Tiana Ravalomanda,

Chairman of the Malaysian economic development board

Dera Niaina Zafindravaka,

Vice president of Ma Guo Export Processing Zone Association

Beatrice Chan Ching Yiu,

Chairman of Malaysian employers' Organization

Andrianavalomanana Razafiarison,

Chairman and chief executive officer of SOCOTA group

Salim Ismail

The guests said in the interview that they are willing to provide assistance to China's textile and garment enterprises for investment inspection and effective docking between Chinese and Malaysian enterprises from the three levels of government, associations and enterprises, and hope to link up the "one belt and one road" initiative with the "Madagascar revitalization initiative" and actively promote the greater development of Sino Malaysian textile industry cooperation.

The government protects:

Three initiatives to optimize investment environment

　　 Director of Madagascar Economic Development Bureau

Andry Tiana Ravalomanda:

"It is hoped that more Chinese textile and garment enterprises will enter the Madagascar market, and the Madagascar government and industry organizations will also help the investment enterprises and provide quality services through various channels."

In the interview, Andry Tiana Ravalomanda also expressed strong desire to cooperate with Chinese textile enterprises. He said that the growth of the global textile and garment market was strong due to the growth of population, global purchasing power and consumer habits. Madagascar has become one of the most attractive textile and garment producers in the world. The Madagascar Economic Development Council actively responds to the government policy and is committed to doing three tasks: attracting investment, providing one-stop services and supporting services, creating more business opportunities, realizing the cross industry integration and development of textile and garment, reducing the turnover of employees, the rate of turnover and the rate of changing jobs, and building a benign business environment.

　　 Chairman of Madagascar Economic Development Council

Dera Niaina ZAFINDRAVAKA (right):

At present, Madagascar has planned 681.74 hectares of industrial parks in the area of the Republic of Mo, which is convenient for transportation and low in logistics costs. It also provides preferential policies and incentives for relevant enterprises in order to ensure good operation of enterprises, speed up the construction of a sound legal system, perfect the electronic trading law and electronic signature law, and provide high-quality and convenient services for investment enterprises. In addition, in recent years, Madagascar has spared no effort to develop electric power, constantly improve infrastructure construction, and create high-quality investment environment for investors.

Vocalization

Meticulous service to solve worries at home

At this meeting, the Madagascar employers' Association and the Export Processing Zone Association also came together to promote the docking between local enterprises and Chinese textile enterprises.

Chairman of Madagascar employers' Organization

Andrianavalomanana Razafiarison (bottom right):

The employer organization of Madagascar now has 500 member units covering a wide range of industries. The employer organization is committed to building a bridge for communication between enterprises through its internal corporate relationship network, helping enterprises expand their cooperation areas and expand the international market. At the same time, the organization also provides a fixed system of services for enterprises to ensure the smooth operation of enterprises.

　　 Vice president of Madagascar Export Processing Zone Association

Beatrice Chan Ching Yiu (upper left):

The association provides convenience for some enterprises to help enterprises export their products to Europe and the whole world. At the same time, the association can directly connect with trade union organizations, grasp the operation and employment situation of enterprises, help enterprises to make plans, reduce employee turnover rate and avoid strike risks; through organizing internal activities of the association, strengthen exchanges among enterprises within the association to create opportunities for enterprise cooperation; in addition, the association will organize lectures on related knowledge, and strengthen the training of relevant laws, policies and other knowledge, so as to help enterprises quickly integrate into the local business environment.

Enterprise assistance

Enhance communication and create a win-win future

With the opportunity of the 2019 China textile industry "one belt and one road" conference, the textile enterprises in Madagascar have also entered the field of vision, showing the appearance of motor Garth textile and garment enterprises in a good image.

As an important part of the revival plan in recent years, Madagascar's textile and garment industry has developed rapidly. A group of mature textile and garment enterprises with advanced industrial chain, advanced equipment, scientific management and strong sense of social responsibility have emerged. SOCOTA group is one of them. SOCOTA group was founded in Madagascar in 1930, and the first fabric factory was established in 1950. So far, the development course of the whole industry chain of textile and apparel has been started. After nearly 70 years of development, SOCOTA group has now become a textile and garment industry chain enterprise integrating production and research and development. In recent years, it has worked closely with Bershka, Cama EU, Decathlon, Puma, Zara and so on.

　　 SOCOTA Group Chairman and CEO Salim Ismail:

The development of China's textile and garment industry is obvious to all. SOCOTA group has also been hoping to cooperate with high-quality Chinese textile enterprises. On the one hand, SOCOTA group learned the advanced production technology and efficient management methods of Chinese textile enterprises, and on the other hand, took the opportunity to launch face-to-face communication with Chinese textile enterprises, hoping to create opportunities for win-win cooperation between the two sides.

In the future, SOCOTA group hopes to cooperate extensively with Chinese textile and garment enterprises in textile and garment production technology, enterprise management, sales channels and so on. At the same time, the group will also help Chinese textile enterprises to invest in Madagascar.

　　 In recent years, Africa is becoming a new hot spot for China's textile industry to invest abroad. Jiangsu sunshine, Wuxi cotton, Inner Mongolia deer king and other domestic textile enterprises have invested in Africa. During the Beijing summit of China Africa Cooperation Forum in 2018, the Chinese government put forward the implementation of eight major actions. The first is to implement industrial promotion actions and encourage Chinese enterprises to strengthen investment in Africa, especially in the traditional and emerging fields such as manufacturing. Undoubtedly, this goal has accumulated strong kinetic energy for all-round cooperation in the field of textile and clothing in China and Africa.

In these countries, Madagascar's economic development is remarkable. As a new greenbelt, attracting more and more industry eyes. The Madagascar Economic Update, published in 2019 by the world bank, said that the gross domestic product (GDP) of the horse in 2018 was 40 trillion and 300 billion Li Li (about 12 billion 100 million US dollars), a real increase of 5.2%. In 2019, the horse growth rate will remain 5.2% in 2019, and the economic outlook for the middle term will be better. The industries of agriculture, energy, construction, manufacturing and service industries will develop steadily. "Economic" Based on the expectation that the state hydropower company (JIRAMA) will improve its operation, the energy industry will grow by an average of 10.8% in 2019 - 2021.

Not only that, the Malaysian government has introduced a series of revival plans to promote the industrialization process of Malaysia, and take the development of the textile and garment industry as one of the key objectives of the state. While actively attracting foreign investment, it vigorously develops infrastructure construction, energy and water and electricity protection, and creates a high quality business environment.

In addition, Madagascar is a member of the southern African Development Community (SADC), the South East African common market and the IOC (Yin Duyang Committee). There are more than 600 million potential consumers in the free trade area. In July 2017, Madagascar signed the three party free trade agreement (TFTA), which combines the southern African development community, the South East African common market and the East African community (EAC), including 57% of the African population. Madagascar is also a member of the African continent free trade area (AfCFTA). It has also obtained the qualification of the "African Growth and Opportunity Act" (AGOA) signed with the United States, and the "economic partnership agreement" (EPA) signed with the European Union in the United States. All of these will bring more benefits to enterprises in landing investment and breaking regional trade barriers.

From the pioneering period to the golden age, along with the strides of "one belt and one road", the exchanges and cooperation between China and African countries have entered a new stage of development. To the east of the African continent and the western part of India ocean, the African textile and garment industry is investing in "new green space" - Madagascar, which is coming to us with a new attitude.