Home / Knowledge / News / Apparel/Garments / Overseas firms invest in clothing sector
Overseas firms invest in clothing sector
14
Apr '10
With an objective to enjoy the benefits of, already effective as well as projected, Free Trade Agreements (FTA) in Peru, more than ten Latin American and Singapore based companies are intending to set up plants in Peru in the short term, stated the Ministry of Foreign Trade and Tourism (Mincetur).

The construction work of the projected production plants in Peru have been started by the respective companies, which would lead to exports to those countries with which Peru has signed these agreements, informed Mr. Eduardo Ferreyros, the Foreign Trade Deputy Minister.

These companies are particularly the clothing companies and some belong to the agro-industrial sector. Diversity of investment sectors offered by Peru has been admired by the foreign investors, pointed Mr. Ferreyros. This will keep on generating a number of jobs and will improve Peru's standard of life, he added.

Offering support to foreign as well as local investors for purchasing land and acquiring assets, is the key purpose of the country's policy of opening doors to investors, said, the Minister.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Apr 2017

UL joins ZDHC programme

UL Consumer & Retail Services (CRS), a global safety science company, ...

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X