Home / Knowledge / News / Textiles / Germany to assist Macedonian textile firms
Germany to assist Macedonian textile firms
27
Feb '12
Textile and garment companies in former Yugoslavian Republic of Macedonia will be able to enhance their global competitiveness by December this year, owing to an agreement between Macedonian Ministry of Economy and the German Society for International Cooperation (GIZ).

The agreement is for implementation of the second stage of “Enhancement of Investments and Exports” project, under which Germany will provide financial assistance of €1.9 million.

The first stage of the project was launched in 2008 with €600,000 assistance for improving competitiveness of Macedonian companies belonging to the textile and garment sectors, among others. The first stage was completed in December 2009.

Besides the GIZ's German-Macedonian development cooperation that falls under the purview of the German Federal Ministry for Economic Cooperation and Development, Macedonian textile cluster and the Agency for Foreign Investments and Export Promotion are also involved as project partners.

Valon Saraqini, Macedonian Minister of Economy, said the second stage of project would not only enrich the international competitiveness of the country's textile and clothing sectors, but would also generate jobs, and boost exports and investment.

He informed that the project would work in three levels. At the macro level, focus would be on developing a strategy for increasing investments and export. At the meso level, stress would be on strengthening production capacity of companies, and the micro level would involve discussion and meetings, participation in international fairs and events, and publishing of promotional materials.

Michael Nebelung, GIZ country director, said Germany has supported Macedonia since 1992 with the primary objective of its economic development. He said GIZ has provided support for several Macedonian projects.

During the last two decades, Germany has released €61 million to support various projects in Macedonia.


Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search