SOUTH KOREA: Textile Chiefs Unveil $30bn Export Plan
The government plan also sets out the goals of doubling last year's industry profits to $20bn by 2010, increasing clothing production to 30 per cent from around the current five per cent and setting up of a new fashion exhibition centre in Seoul.
The brainchild of the Ministry of Commerce, Industry and Energy, the blueprint also calls for greater focus on three textile fields - industrial materials, fashion design and dyeing processing.
Officials also want to set up state-of-the-art sweater technology and dyeing technology centres along with a mass production system for nano-fibres.
They are also keen for certain provinces arounf the country to specialise in certain fabrics such as knitwear, wool and nylon-cotton clothing.
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