MOROCCO: Textile manufacturing output recovering

RABAT: Textile manufacturing output of Morocco increased 4.1 percent. The Moroccan textile industry is recovering. Market sources said here on June 14.

The Moroccan textile industry faced severe competition from the Asian countries.

Manufacturing output dropped in 2005 by 3 percent because of poor performance of the textile industry.

Government is planning to cease free trade deals to increase country’s exports.

It has also started to develop trade zones by providing offshore services, aerospace, electronic and auto component manufacturing.

To compete with India and China, Morocco’s government has decided to upgrade technology and reduce transportation cost.


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Added: June 15, 2006 Source: Agencies
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