“Implementing this policy will also help to achieve the country's ambition to create real extractive and transformative industries, per the government's 2020-2025 roadmap,” the ministers said.
According to a domestic media report, the policy is expected to leverage the country’s capacity to attract foreign investors through administrative and tax incentives and the textile processing capacity of the industrial platform of Adétikopé (PIA).
The government adopted a bill to introduce a free zone in the textile and clothing sector a few weeks ago. The goal is to boost employment and raise the per capita income.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!