Home / Knowledge / News / Textiles / Turkish firm invests $900mn for textile cluster in Algeria
Turkish firm invests $900mn for textile cluster in Algeria
May '13
Turkish textile firm Taypa has signed a US$ 900 million deal with Algeria’s state holding company Société de Gestion des Participations Industries Manufacturières (SGP-IM) to build a textile-clothing industry cluster in Relizane province of the North African country of Algeria.
Mohamed Benmeradi, the Algerian Minister of Industry, Small and Medium Enterprise and Investment Promotion, said the construction for textiles and garment industries at the cluster will begin in late June 2013, according to The North African Post report.
The textile and clothing project will include plants for manufacturing jeans fabric, poplin, gabardine (fabric for trousers) and yarn; a central unit; and a unit for finishing knitting work. The other plants will specialize in the manufacturing of trousers, shirts and various hosiery items.
According to the Minister, the completion of the eight textile and apparel production units will create 10,000 new jobs.
Once operational, the weaving units are estimated to manufacture 60 million metres of fabric, including 30 millions of jeans, per year. Out of the total produce, 60 percent of the production will be for the local market and the rest will be exported.
The Taypa group is present in the global textiles and apparel market for the past 37 years. The company is also known for outsourcing manufacturing orders to other countries.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

C Kamatchisundaram

ITME is an occasion not only to receive new leads but also to work on...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

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


Browse Our Archives


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