The project is funded under the European Neighborhood and Partnership Instrument (ENPI) Cross Border Cooperation (CBC) in the Mediterranean (MED) countries, also known as the ‘Mediterranean Sea Basin Programme’.
At the presentation, the TEX-MED project coordinator Susanna Leonelli stressed the importance of providing practical solutions to small and medium enterprises (SMEs) operating in the textile and clothing sector of the region, in order to improve their competitiveness.
TEXFOR president Jordi Rives said the European project is an initiative which is very important for Catalan and Spanish textile and apparel firms, and the project would help enhance their competitiveness against other textile powers such as Turkey and Asian countries.
Around eight Mediterranean regions, such as Tuscany in Italy, Catalonia in Spain, Thessaloniki in Greece, Monastir in Tunisia, Alexandria in Egypt, Bethlehem in Israel and Amman in Jordan, form part of this project.
The two-year project, ending in 2015, has a budget of €2 billion, of which €1.7 billion is funded by the ENPI CBC MED programme, whereas the remaining €300,000 would be financed by the eight project partners in the eight regions.
The TEX-MED Clusters project’s main objective is to increase the volume of links, partnerships and cooperation between the textile industries in the Mediterranean countries and create an integrated Mediterranean textile system.
Fibre2fashion News Desk - India