“The PRO also revealed that the government would also act as a guarantor to access loans from Citizen Entrepreneurial Development Agency (CEDA), which will help the industry to expand and also assist in paying a part of employee salaries. ..The PRO added by saying that, the stimulus package is a temporary measure meant for a period of two years and will boos the prospects of the textile industry and make it more competitive regionally and globally and contribute to development of local economy. .
Date:5/25/2010
Source:Fibre2fashion