MOROCCO GOVERNMENT AND COMPANIES INVEST IN CLOTHING AND TEXTILE CAPACITY TO SEIZE EXPORT MARKETS
April 21st, 2015
Although Morocco’s garment production industry is well established, supplying giants such as Inditex, it is investing in capacity to compete with Asian rivals and new African competition, such as from Ethiopia and Mauritius. As part of the 2014-2020 Accelerated Industrial Plan, the Moroccan government has assigned Moroccan Dirham MAD3 billion (USD304 million) for grants between these years for industrial small-and-medium sized enterprises (SMEs) with established supply chains and sales networks. This new fund has been live since January 2015 and augments work ...
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