Togo plans policy to transform textile-clothing industry by 2030

0
32




Togo plans a textile and clothing policy for the 2022-2030 period. “Toward increasing its cotton processing capacity and being more attractive, our country has adopted an integrated policy for the textile and clothing industry that will focus on improving the production and processing of cotton produced in Togo,” according to a statement by its council of ministers.

“Implementing this policy will also help to achieve the country’s ambition to create real extractive and transformative industries, per the government’s 2020-2025 roadmap,” the ministers said.

Togo plans a textile and clothing policy for the 2022-2030 period. “Toward increasing its cotton processing capacity and being more attractive, our country has adopted an integrated policy for the textile and clothing industry that will focus on improving the production and processing of cotton produced in Togo,” says a statement by its council of ministers.

According to a domestic media report, the policy is expected to leverage the country’s capacity to attract foreign investors through administrative and tax incentives and the textile processing capacity of the industrial platform of Adétikopé (PIA).

The government adopted a bill to introduce a free zone in the textile and clothing sector a few weeks ago. The goal is to boost employment and raise the per capita income.

Fibre2Fashion News Desk (DS)





Source link