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Related Keywords: cotton production capacity, expertise in technology, explore investment opportunities, foreign investors, help new investors, industralization drive, locate empty factory, management and marketing, represent the interests, showing interest on Tanzanian textile subsector, TEGAMAT, Textile Development Unit, to facilitate supplier relationships

Foreign investors have started showing interest on Tanzania’s textile subsector, which is a good indication of prospects for the country’s industrialisation drive. According to the Textile Development Unit’s (TDU) Investment Promotion Director, Mr Tim Armstrong, there is a significant potential for flourishing textile and garment industry in the country, thanks to the country’s cotton production capacity.

Related Keywords: China swung from land of opportunity, economic sick man of Asia, electricity cost, establish factories elsewhere, foreign investors, manufacturing centre, number of domestic, Rapid decline in competitiveness in China, rising wages, TPP

China’s rapid decline in competitiveness as a manufacturing centre is being displayed both in market analysis and in the number of domestic and foreign investors who are looking elsewhere to establish their factories. China has swung from being the land of opportunity to the economic sick man of Asia.

Related Keywords: economic environment to improve, foreign investors, increase export of textile, invest in Pakistan, Nawaz Sharif, Ninth expo Pakistan, Pakistan textile sector, power producing units, prevailing energy crisis, Prime Minister, textile policy

Prime Minister Nawaz Sharif at the opening of the ninth Expo Pakistan in Karachi said that this was the best time for foreign investors to invest in Pakistan, as the economic environment is improving quickly and expressed confidence that the prevailing energy crisis will be resolved in three years time.

He assured in three years time there will be ample electricity available to industrial and household owners. Their goal is not only to provide electricity but also to lower the cost of its production.

Related Keywords: expanding global garment and textile market, Export processing zone, fashion design, foreign investors, HCM city of Vietnam, major garment and textile project, Southern economic hub, Trans-Pacific Partnership agreement

Vietnam's southern economic hub Ho Chi Minh (HCM) City’s industrial zones (IZ) and export processing zones (EPZs) in 2014 attracted 752 million U.S. dollars in investment, up 23 percent year-on-year, sources from the city's Export Processing and Industrial Zone Authority (Hepza) reported.

This year HCM city has set a target to receive at least 700 million U.S. dollars in investment into its industrial zones (IZs) and export processing zones (EPZs).

Related Keywords: cotton fiber, cotton yarn, Dilbar Makhmudova, foreign investors, increase domestic processing, State JSC, textile exports, Uzbek banks, Uzbekistan, Uzbeklegprom

Uzbeklegprom State JSC has planned a five year project from 2015-2020 to increase domestic processing of cotton fiber for which the company will direct about US$1 billion and decrease its exports in line with the concept of developing light industry in Uzbekistan, the head of the Uzbeklegprom main department Dilbar Makhmudova told on Sept. 5.

A development program concept for the next five year was developed by Uzbekyengilsanoat in cooperation with several ministries and departments.

Related Keywords: cheap natural resources, FDI, foreign investors, garment factories, HCMC Export Processing and Industrial Zones Authority, imported material, labour-intensive manufacturing

Investors continue to pour money into labor-intensive manufacturing (particularly garment and footwear and automobile factories) which mostly rely on imported materials and equipment. According to the HCMC Export Processing and Industrial Zones Authority (HEPZA), foreign investors announced plans to inject US$264.7 million into the zones in the first half of this year. Of the registered capital, nearly 80 percent will go into the textile and garment sector.