Mauritius and Madagascar, both island nations in the Indian Ocean, are looking to synergize their capacities to boost textile exports.
According to both minister of the countries, “we should not be competitors, rather we should complement each other in the textile business, because both nations have strong ties in textile and others.”
Recently, a Malagasy delegation of industry representatives and officials visited Mauritius to discuss various issues to boost their trade and commerce activities.
In the meeting, Port Louis, Mauritian minister of international trade, Alan Ganoo, said, “There is a need to further strengthen the bilateral cooperation between the two nations, more so given the current global situation.”
He observed that, it is therefore necessary to continue to develop the existing synergy at the level of industrialization and textile.
Earlier of this year in 2019, under a Memorandum of Understanding, Madagascar has made available to Mauritius some 80 hectares of land in Moramanga for the setting-up of a textile centre.
Meanwhile, during April 2021-March 2022 Mauritius had exported apparel worth $357.668 million and home textiles was $6.312 million.
On the other hand, Apparel export from Mauritius was $99.189 million in fourth quarter 2021 and $112.678 million in third quarter 2021.
The US, France, South Africa, Germany and United Kingdom were the top five geographies for the export.
Madagascar had exported 75 percent of its apparels to these countries. The export of home textiles was $6.052 million in the same period.