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AMITH signs performance agreement to increase exports to 464 mn by 2020

Related Keywords: AMITH, create jobs, identified to increase exports, increase exports, Industrial development fund, Moroccan Association of textile and clothing, projects led by industry-leading companies, signed performance agreement

The Moroccan Association of Textile and Clothing (AMITH) is an important player in the Moroccan economy with more than 850 members has entered into a performance agreement as per the terms the textile industry to increase exports to 464 million and is also committed to create 90,000 jobs by 2020. The agreement was signed at the end of February.

The agreement was signed in the framework of the 2014 -2020 industrial Acceleration Plan, launched in April 2014. A total of 57 projects led by industry-leading companies were identified and the sector has also pledged to increase exports.

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