Home / Knowledge / News / Textiles / CAF to support development of alpaca in Peru's Arequipa
CAF to support development of alpaca in Peru's Arequipa
16
Nov '13
(L) Mr. Guillen; (R) Ms. Silva
(L) Mr. Guillen; (R) Ms. Silva
The Development Bank of Latin America (CAF) has signed an agreement with the regional government of the Southern Peruvian region of Arequipa, in order to promote the private sector for the productive development of various sectors, including textiles and clothing made from alpaca fiber.
 
According to a statement issued by regional government of Arequipa, the multilateral financial institution’s representative in Peru, Eleonora Silva, signed a technical cooperation agreement with president of the regional government of Arequipa Juan Manuel Guillen, during the Summit of Small and Medium Entrepreneurs (SMEs) 2013, held recently in the region.
 
The initiative seeks to facilitate a process of creating dynamic competitive advantages in Arequipa by coordinating the work of the national and local governments as well as local stakeholders from the public and private sector around two important areas of textiles and garments made with alpaca fiber and metallurgy.
 
Ms. Silva said the CAF has developed these types of activities to promote the development and productivity of human capital all well as strengthen competitiveness amongst SMEs. The initiative would lend strong support to SMEs through providing technical assistance and granting financial aids, she added.
 
The CAF representative said the signing of the cooperation agreement represents the first phase of a much broader involvement of CAF in the development of the Peruvian region by implementing concrete actions to achieve sustainability and competitiveness in SMEs operating in the sector.
 
On his part, Juan Manuel Guillen, welcomed the initiative from CAF and expressed gratitude stating that the signing of the deal is a strong commitment towards the development of the public and private sector, to help them pursue their efforts towards the goal of developing the region.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Apr 2017

Boohoo's revenue increases 51% to reach £294.6 mn

Fashion e-commerce marketplace Boohoo has recorded a 51 per cent...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Apparel/Garments | On 27th Apr 2017

Amazon catching up with Flipkart in India: RedSeer

Online marketplace Amazon India has caught up with its biggest rival...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search