VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, has explored opportunities for investment in Tanzanian garment sector.
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, has explored opportunities for investment in Tanzanian garment#
A team from VF Corporation's Hong Kong sourcing office visited Tanzania this week, according to media reports in Tanzania. The visitors were co-hosted by the Tanzania Investment Centre (TIC) and the
Textile Development Unit of the Ministry of Industry and
Trade.
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, has explored opportunities for investment in Tanzanian garment#
Tanzania offers business-friendly environment, has good investment policy and legislation in place, and has a favourable geographical location—which makes the
country a natural regional business hub, TIC officials told the visitors, according to a statement.
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, has explored opportunities for investment in Tanzanian garment#
The sizeable market of 48 million people, and availability of raw materials as well as semi-skilled and skilled labour act as incentives for investment, the officials said.
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, has explored opportunities for investment in Tanzanian garment#
VF Corporation already sources its garments from one factory in Tanzania, and is also planning to buy from other clothing factories in the East African nation. (RKS)
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, has explored opportunities for investment in Tanzanian garment#
Fibre2Fashion News Desk – India