Home / Knowledge / News / Textiles / Ivory Coast plans special fund to boost cotton production
Ivory Coast plans special fund to boost cotton production
Jul '13
Mr. Alassane Ouattara/AIP
Mr. Alassane Ouattara/AIP
The Government of the West African nation of Ivory Coast, officially the Republic of Côte d'Ivoire, would create a special fund for development of the country’s cotton sector.
Ivory Coast President Alassane Ouattara said the special fund would increase cotton production in the country to 600,000 tons by 2016, from the present production of 350,000 tons per year, Ivoirian news agency AIP reported.
President Ouattara said the National Agricultural Investment Programme to be implemented by the Government would result in creation of thousands of jobs in the sector.
The programme provides for allocation of 10 percent of 2015 budget to the agricultural sector, mainly consisting of cotton, cashew and food products.
The President assured cotton growers that the Government is aware of the strategic importance of agriculture for the development of the Ivorian economy. 
He said resources would be mobilized and new policies would be implemented to develop the activities related to agricultural sector, including cotton production. 
Presently, a bill to clarify the status of farmer and rancher is being discussed in the National Assembly. The bill is aimed at enhancing trade.
The President promised that in the coming years the situation of farmers in the country would be completely transformed.
Prior to the 2002-03 civil war that divided the country into two parts, Ivory Coast used to produce about 400,000 tons of cotton annually. 
However, nearly a decade long crisis affected the country’s cotton production and in 2010-11, the country produced only 175,000 tons of cotton.

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

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Rupa Sood and Sharan Apparao

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search