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

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

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...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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