;
Home / Knowledge / News / Textiles / Mauritius prez invites Pakistani textile exporters
Mauritius prez invites Pakistani textile exporters
21
Apr '16
President of Mauritius, Dr Ameenah Firdaus Guarib-Fakim has invited the All Pakistan Textile Manufacturing Association (APTMA) to invest in the island nation, according to reports in the Pakistani media.

During a meeting with an APTMA delegation, led by its Chairman Tariq Saud in Karachi on Wednesday, the Mauritian President highlighted the huge opportunities available in the technical textile sector in her country which remains unexplored.

She said that Mauritius is among the top six countries in Africa, which is recommended to people who wish to relocate. “It is one of the leading states in the African region for ease of doing business and good governance, as per the World Bank Doing Business Survey 2016,” the President said.

She suggested that the Pakistani textile entrepreneurs could also take advantage of Mauritius to penetrate the US and European markets.

Dr Guarib-Fakim said that her government provides a ten-year exemption from income tax on all income, inclusive of foreign investment under the Mauritian Diaspora Scheme. "There is no minimum capital requirement for the incorporation of a company, 100 per cent foreign ownership is allowed and there is no exchange control for foreign investment," she added.

She invited the APTMA chairman to bring a delegation to Mauritius and experience the incentives and facilities provided by their government to the foreign investors.

She also asked them to arrange a fashion show of Pakistani textile brand and also showcase products for the firsthand information of the prospective buyers.

APTMA Chairman Saud told the Mauritian president that there is a need for close liaison between the business community of the two countries so that the Pakistani business class can explore the Mauritian economy as well as enter the African market. He also invited Mauritian entrepreneurs for joint ventures in Pakistani textile mills. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Vietnam targets $ 40 bn in textile-garment exports in 2019

Apparel/Garments | On 22nd Jan 2019

Vietnam targets $ 40 bn in textile-garment exports in 2019

The Vietnam Textile and Apparel Association (VITAS) has set a target...

Myanmar RMG units exporting to EU rose by 180 in 5 yrs

Apparel/Garments | On 22nd Jan 2019

Myanmar RMG units exporting to EU rose by 180 in 5 yrs

The number of readymade garment (RMG) factories in Myanmar that...

India to soon have own standard for apparel size: minister

Apparel/Garments | On 21st Jan 2019

India to soon have own standard for apparel size: minister

India will soon roll out a size project for Indian apparel on the...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

GST has levelled the playing field to an extent

Jim Desai, Blaiva Fabricaa

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Abhishek Samdaria, Reflete

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harssh Chheda,

Harssh Chheda

Mumbai-based Corporate Collars provides bespoke tailoring services for...

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eamonn Tighe, Nature Works LLC

Eamonn Tighe
Nature Works LLC

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

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

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

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

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

Leave your Comments


January 2019

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

news category


Related Categories:

Advanced Search