The following is a round-up of apparel and footwear news from the world’s local media.
- The Bangladesh Garment Manufactures and Exporters Association (BGMEA) is joining forces with the Chittagong City Corporation (CCC) to establish an apparel zone at Kalurghat in Chittagong. BGMEA members will finance the project, which will include eleven 7-story buildings with 20,000 square feet on each floor for 30 to 35 entrepreneurs to relocate their factories. DHAKA TRIBUNE
- An MoU has been signed by China’s Ministry of Commerce and the All Pakistan Textile Mills Association (APTMA) to explore the potential of joint ventures and investment opportunities in Pakistan’s textile sector. APTMA offered to act as a “focal organisation” to help match Chinese investors with local textile groups under the initiative. THE NATION
- Northwest China’s Xinjiang Uygur autonomous region has set out plans to send 500 management staff and between 10,000 and 20,000 workers to train at inland textile and garment enterprises this year. The move is aimed at helping boost the development of the region’s textile and garment industry. Training will cover advanced management techniques, production processes and marketing. XINHUANET
- Cambodia has been invited to join the Trans-Pacific Partnership (TPP), according to Ros Seilava, Cambodia’s under-secretary of state. Speaking during a recent visit by officials to Washington, he said the government has established a study group to prepare for inclusion in the TPP. KHMER TIMES
- Vietnamese garment and textile firms are increasing their investments in locally made raw materials in an effort to satisfy strict rules of origin set by free trade agreements of which Vietnam is a member. Firms are being encouraged to invest in yarn, weaving and dyeing facilities, as well as investing in, or purchasing a stake in, domestic and foreign firms to ensure material supply sources. VIETNAM NEWS
- China’s government is consulting with the country’s textile and cotton industry regarding possible plans to sell some of its 11m ton cotton stockpile in a move that could drive Chinese domestic prices lower and continue to reduce demand for imported cotton. According to a report, the government is under pressure to sell its ageing stockpile, which degrades over time and is racking up storage costs. COTTONGROWER.COM
just-style has not checked these stories so cannot guarantee their accuracy.
