Investment in Textile and Garment Accelerated in First 11 Months
CTEI News:
According to Ministry of Industry and Information Technology, the investment
in textile and garment industry grew 11.4% and 15% year over year
respectively in first 11 months, 1.1 and 1.8 points higher than those in
first 10 months. While the investment in chemical fiber industry went down
14.3%.
The textile export turned to be better. On Nov. the export value of textile
grew 7.3% year over year (for Oct. this figure was minus 4.8%). Export of
garment this month went down 17.7%, 1.4 points lower than that in previous
month.