Textiles and Apparel

Norman Mikalac mikalac at SPAMworldnet.att.net
Thu Oct 5 10:54:11 MDT 2000


mine, isn't this another example of how govt interference in production
results in substandard output?

norm


Xxxx Xxxxx Xxxxxx wrote:
>
> http://www.businesstoday-eg.com/
>
> Business Today Egypt Online  September 2000
>
> Textiles and Apparel: Stitching It Together by Fariba Khorasanizadeh
>

> The public sector's obligation to use domestic yarn and cotton fabrics
> has reduced the competitiveness of its products in international
> markets. Exporting high value-added products (clothing and other
> textile-manufactured products), the private sector's share in the
> international markets has increased. The government's heavy investments
> in the spinning sector of the industry, for the purpose of modernization
> and the upgrading of the sector, has led to overcapacity and has thrown
> various stages of production off balance.
>
> Rigid production guidelines and pricing policies, coupled with the
> global recession in textiles, resulted in huge inventories mostly made
> from 30 count yarns, and caused the spinning sector to lose its
> competitiveness in the world market. The public sector is also at a
> disadvantage when compared with its local private counterpart, as the
> public sector firms have to integrate the spinning, weaving and garment
> manufacturing processes.
>
> Xxxx Xxxxx Xxxxxx





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