Home / Knowledge / News / Textiles / Government to begin cotton production
Government to begin cotton production
14
Jun '11
The Government of Nicaragua recently announced the beginning of a cotton production project in the country's northwest region, which will significantly foster the growth of Nicaragua's textile and apparel sector.

The project, expected to begin in the second half of 2011, will be led by the Government of Nicaragua along with PRONicaragua, the official investment promotion agency of Nicaragua, the National Association of Textiles and Apparel (ANITEC, for its acronym in Spanish) and Brazilian investors.

The objective of the project is to foster the sustainable development of Nicaragua's textile industry by supplying local raw materials. The production of cotton will also contribute to the vertical integration of the textile and apparel industry, strengthening the country's value chain.

During the first phase of this agricultural project, private producers will begin a pilot program of approximately 1,609 acres of cotton plantations in order to observe the performance of the crop, the resistance of the seed and determine the type of seeds fit for this project, among other factors.

The project's second phase includes the production of approximately 17,241 acres during a period from five to seven years, in order to begin supplying raw material to textile and apparel companies operating in the country, thus lowering the costs of garment production.

“We must identify the challenges of the country's industry, in order to work in improving its competitiveness and fostering its growth, with the ultimate goal of attracting quality investments to this industry and creating more employment”, mentioned Javier Chamorro Rubiales, Executive Director of PRONicaragua.

Dean Garcia, Executive Director of ANITEC, mentioned that cotton production in the country would allow us to reduce the purchase of raw materials overseas, lower costs and also take advantage of good crop prices in international markets.

PRONicaragua

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Mark Paterson
Technical Absorbents Ltd

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Judy Frater
Somaiya Kala Vidya

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Mike Hoffman
Gildan Activewear SRL

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

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