Caution in Salvadoran Textile Industry
Textile businessmen does not dare to raise expectations for next year.
Tuesday, November 30, 2010
If there is an increase it would be minimal, said Edwin Zamora, president of the Chamber of the Textile, Clothing and Free Zones of El Salvador (CAMTEX).
Next Friday and Saturday 24th and 25th August a mission of businessmen from the Indian textile industry will be looking for investment opportunities and partnerships with Guatemalan companies.
New investments in the sector are pending the approval of El Salvador's new tax-free zone law.
In 2010 the sector reported revenues of $ 1.793 million compared to $ 1.422 million in 2009.
The textile and apparel sector is expected to close the year with a 25% increase in exports.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar