ITALIAN FINANCING PROMOTES QUALITY IN SYRIAN TEXTILE FINISHING
November 1st, 2009
BY PAUL COCHRANE
THE ITALIAN government has agreed to a soft loan of Euro 20 million
(US$29.3 million) to upgrade Syria's textile sector as part of the United Nations Industrial Development Organisation's (UNIDO) 'integrated programme' to bolster the international competitiveness of 'Made in Syria' products. The loan is open to all small and medium size enterprises in the textile sector, including dyers and chemical finishers. Under the loan, companies are obliged to acquire 70% of their textile equipment from Italian manufacturers.
This financing follows an ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.