Africa Has Considerable Potential To Help Sweden'S Economic Development.

< p > when Asian wage costs are getting higher and higher, Sweden's < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > garment industry begins to enter Africa.

At the beginning of this year, after Sweden's finance minister Anders Borg visited South Africa, he reached the conclusion that Africa has considerable potential to help the Swedish economic development.

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< p >, thus facilitating the economic and trade mission to Ethiopia and Tanzania based on textile industry.

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Inger Ultvedt, director general of the Africa division of Sweden's Ministry of foreign trade, pointed out that in Africa, as long as the country is politically stable, there are potential for growth. Besides low wages, Africa and Europe are another advantage in the same time zone. P

However, the lack of local infrastructure and the ability to deliver on time are still the focus of entrepreneurs' observation.

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< p > sub Saharan Africa, Ethiopia, Kenya, Tanzania and South Africa, Cape of Good Hope area are all the key areas of the Swedish textile industry. The local cotton sources are sufficient, and labor and electricity prices are cheap.

Among them, the most rapid development of Ethiopia, from 2006 to 2011, the garment industry's turnover grew at a speed of 4 times. During the same period, the growth rate of textiles exported from Europe to Europe reached 500%.

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At the present stage of P, Swedish enterprises, including H&M and Kappahl, have begun to explore the road.

The population of Africa is increasing and the middle class is starting to increase. Therefore, the demand for "a" target= "_blank" href= "//www.sjfzxm.com/" > dress > /a "will also be raised, and the domestic demand will be greatly improved, and the local manufacturing capacity will be increased.

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< p > to invest in garment industry in Africa, is it a one-stop, or just the last tailoring and sewing, to see the local labor skills and industrial chain integrity, including < a target= "_blank" href= "//www.sjfzxm.com/" > cloth < /a > production technology and dyeing and finishing technology.

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< p > besides, many foreign enterprises in Africa have invested in factories, such as the largest a target= "_blank" href= "//www.sjfzxm.com/" from China, and shoes "/a > > Huajian group, which has invested 13 billion Swedish kronor in Ethiopia to build shoe factories.

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< p > but Madeleine Rosberg, executive director of REsponsify consultancy company, which assists Swedish enterprises to explore Africa, points out that many foreign enterprises have failed to give back to local residents by using local resources. She hopes that Swedish enterprises will have different ways of doing things and have better relations with the local community.

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