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 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Krishnanand Tripathi
Textrade International Ltd

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Urs Stalder
Sanitized AG

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

Eric Scholler
Groz-Beckert

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

Rupa Sood and Sharan Apparao
Nayaab

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

Sanjukta Dutta
Sanjukta's Studio

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

Sonam & Paras Modi
SVA

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 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