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

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search