Home Page
Mail
Algeria Bahrain Cyprus Egypt Iran Iraq Jordan Kuwait Lebanon Libya Mauritania
Morocco Oman Palestine Qatar Saudi Arabia Sudan Syria Tunisia Turkey UAE Yemen


 
Duet between Fulla and Mahmoud Al Idrisi
Six Senses Spa to open at Baglioni Marrakech, Morocco
MENA Ministerial conference- Marrakech 22-23 November
Hasna Awarded in Tunisia as the ‘Best Moroccan Artist’
Moroccan Hefla to Raise Funds for Fruit Tree Planting in Rural Morocco
Huawei Awarded Sole Supplier of Morocco WANA’s 2G/3G Network
 
Hard times for Moroccan textile industry
Posted: 26-04-2005 , 09:56 GMT

The ongoing elimination of the "Multi Fiber Agreement" agreement (created in 1974, and renewed several times since) at the end of 2004 and the surge in imports of cheap clothing coming from China were fatal for the Moroccan textile industry. The industry, which currently employs about 200,000 Moroccans, is facing the threat of wide-scale layoffs, all around the country.

 

<i>EMarrakech</i> reports that amongst the strongest signs of this profound crisis is the fact that textile factories that are being closed are not only being locked or evacuated but completely demolished. The latest example for this situation came from the Maarif industrial park, in Casablanca, where two hosiery factories SIB (Industrial Company of Hosiery) and Iboma (Hosiery Industry of the Maghreb), where the factories located, were simply 'shaved'.

© 2005 Mena Report (www.menareport.com)

Printable Version
Top of Page
Printable Version
Opinions - No Opinions found for this article
 
 
 
 

  About Us Advertising Contact Us Privacy  
© 2009 Al Bawaba (www.albawaba.com)