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EU4Business support to help SMEs in Armenian textile, apparel industry

Related Keywords: and expand exports, Armenian textile and apparel industry, boost value-added trade, create jobs, one of the strategic export oriented sectors, operate far below capacities, products lack competitiveness, regional and international markets, revival of the sector as a priority, small and medium-sized enterprises, SMEs, support and training

Armenia’s textile and apparel industry is one of the 11 strategic export-oriented sectors yet the small and medium-sized enterprises (SMEs) in the sector operate far below capacities and their products lack competitiveness in regional and international markets.

The Armenian government considers the revival of the sector as a priority and as a means to create jobs, boost value-added trade and expand exports as there is a great potential for development.

AfDB through Fashionomics Africa moving textile and clothing value chain

Related Keywords: AfDB, African Development Bank, especially for women and youth, Fashiononmics, focus on building capacities, into creatives, micro, other designers, small and medium-sized enterprises, support growth of African textile and fashion sectors, tap into manufacturers, textile and clothing sector, vertitable platform

The African Development Bank (AfDB) through Fashiononmics, a vertitable platform aims to support the growth of the African textile and fashion sectors through a focus on building the capacities of micro, small and medium-sized enterprises (MSMEs) in the textile and clothing sector, especially for women and youth.

This is a platform through which they are able to actually tap into manufacturers, into creatives, other designers that they would like to collaborate with, or even just merely fabric manufacturers that could actually assist them in the growth of their brands.

Japan’s Fukui plans investing in garment and functional textile industry in Thailand

Related Keywords: Arthit Wuthikaro, entered into agreement, expand business, functional textiles industry, garment, Japan Fukui prefectural government, plan investment, policy to promote, production base, small and medium-sized enterprises, strategic industrie, Thailand, Thailand Industry Ministry

Japan’s Fukui prefectural government plans to invest in the garment and functional textiles industry to expand its business in Thailand for which they have entered into an agreement with Thailand's Industry Ministry, said Arthit Wuthikaro, the ministry's director-general for the development of industrial promotion.

The total value of investment from Fukui in Thailand amounts to 10 billion baht with 28 companies operating 11 factories.

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