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Morocco announces ambitious textile export target
10
Nov '15
Morocco has an ambitious target to reach 6.5 billion dirham ($0.65 billion) of textile exports by 2020, Minister of Industry, Trade, Investment and Digital Economy Moula Hafid Elamaly has said, a Moroccan news agency reported.

The goal is part of the Industrial Acceleration Plan and responds to the professionalism of the sector's operators, the minister asserted during the inauguration of the 13th “Maroc in Mode et Maroc Sourcing” fair organised by the Association Maroccaine des Industries du Textile et de l'Habillement (AMITH) in Marrakesh.

Morocco's textile sector employs 30 per cent of the country's labour force and it is of a particular interest to the Ministry of Industry which supports it through the Industrial Development Fund (FDI), Elalamy said.

The fair hosted 350 exhibitors representing different trends of the textile sector, according to the minister.

Mohamed Tazi, Genreal, Director of AMITH, underlined that this fair is of a significant importance for textile's operators.

Public authorities support the textile sector through a wide range of measures, which are likely to make Morocco a top textile actor in Africa and the Mediterranean, Tazi said.

The sector represents 25 to 30 per cent of Morocco's exports and 15 per cent of the added value in industry. (SH)

 

Fibre2Fashion News Desk – India


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