Algiers government selected textile and leather industry as the first wave of bailout industry plan

In order to revive the competitiveness of the domestic manufacturing industry, Algiers allocated a budget of about RUB 135 billion (Daniel) in the first half of June, which is equivalent to the purchase of machinery and equipment and industrial semi-finished products. The first wave gives great incentives to the textile, leather and furniture industries to enhance the competitiveness of this industry.

Prime Minister Ouyrher of Algiers personally presided over the Conference on Industrial Restructuring (CPE). He pointed out that the traditional domestic industries have faced strong competition from abroad and have experienced major declines in recent years, causing manufacturers to dismiss employees and shut down factories.

In view of this, the government has launched a five-year industry revitalization plan that includes the national industry, which is dominated by the textile, leather, and wood industries. These industries face fierce foreign competition in imported products and have affected nearly two-thirds of the domestic production chain's livelihoods; the Ministry of Trade is expected to pay 9.4 billion dinars of funds to activate domestic manufacturing.

This **30% will assist companies in repaying tax payments, bank repayments and redemption of debts to the Central Bank of Algeria; textile companies have submitted more than 23.9 billion dinars of investment plans for the replacement of machinery and equipment. Secondly, the textile and apparel industry needed 7.4 billion dinars, 5.4 billion dinars for the wood processing industry, and 2.8 billion dinars for the leather industry. The Ministry of Finance stated that enterprises need to purchase machinery and equipment to enhance their industrial competitiveness, and this also applies to this ** discount.

As far as the textile industry is concerned, it is the industry that has created the most employment opportunities in the country, among which the state-owned organization Texmaco specializes in the production of textile fabrics, which includes 25 downstream apparel companies in relational enterprises; in addition, there are 15 downstream garments under the C&H Group. The state-owned textile group accounts for 75% of domestic textile production, employing more than 15,000 employees; its 25% textile production is created by private companies.

Amar Takjout, secretary-general of the National Federation of Industry and Commerce in charge of the textile and leather industry (FNTTC-UGTA), stated that in addition to purchase of machinery and equipment, enterprises must invest in specialized training institutions to help companies find it difficult to find industrial and technical personnel and international trade promotion personnel. Shortage; Since the beginning of 1990, there have been 8 years of social protests in China, and a lot of professional staff training has been lost, especially in the clothing and footwear professional school designers and designers. Algeria has an annual consumption potential of 34 million pairs of shoes, but foreign counterfeit goods are flooded. The government is forced to implement import quotas and strict trade barriers to protect the livelihood of domestic producers.

As far as the textile and leather industries are concerned, the national citizenship enterprise products account for only 15% of domestic demand, and the remaining 85% of products rely on foreign imports to satisfy. The turnover of textile and leather production in 2009 was 26.4 billion dinars; the industry unions demanded 38.5 billion dinars of funds to pay attention, and the industry's annual growth rate can reach 10%.

In addition, in order to reward Azerbaijani product exporters, since 2003, the government, the Algerian Chamber of Commerce and Industry (CACI), the General Administration of Customs, the International Export Business Development Bureau (Algex), the Algerian Export Association (Anexal) and the World Trade Center Civil Society have jointly sponsored praise for exports. Has contributed to Azerbaijan export manufacturers.

In 2010, exports ranked first in the Cevital Group, and President Issad Rebrab pointed out that the group and South Korea's Samsung Strategic Alliance have assembled white goods and finished communication equipment products in Azerbaijan, and in the agro-processing industry, the added value of products has been diversified. In terms of industrial management, Cevital also creates income in the agro-processing industry, such as sugar production of 380,000 tons of white sugar, and exports to more than 30 countries, including Canada, Switzerland, Indonesia, South Africa and neighboring African countries.

In addition, the jury's special awards were awarded to Ahsay Knauf Enterprises, which specializes in the manufacture and supply of building materials. Products Cup was awarded Fairview Corporate Cosmetics and Perfume Manufacturing and Comaver Corporate Export Cleaner and other household products. Mustafa, Minister of Trade, attended the commendation conference this year, said that among the Azerbaijani export products, industrial products accounted for only 5% of the total export value, while the rest were petroleum and petroleum derivatives and agricultural product related raw material products, indicating that the domestic industry upgrading still required the government and Enterprises work together.

Holographic sticker

Holographic Sticker,Cute Cartoon Stickers,Laptop Decoration Stickers,Kids Cartoon Static Stickers

Wall sticker Co., Ltd. ,

Posted on