Malaysia: Ample room for fashion industry's growth in
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Scott [2011-05-20]
Malaysian International Trade and Industry (MITI) Ministry is fond of developing the country's fashion industry given the ample room to grow, a Malaysian official said here on Thursday.
Mustapa Mohamed, MITI's minister, said when launching the Seventh Malaysia International Fashion Week that the industry had strong linkages with the performance of the country's textile and apparel industry.
Together, these industries contributed about 10.5 million ringgit (3 million U.S. dollars) to the country's export revenue in 2008, said Mustapa.
To show the ministry's support towards the sector, Mustapa said MITI was providing funding through the Malaysian Textile and Apparel Center to help players in designing, export promotions and international marketing.
The Malaysian External Trade Development Corporation (MATRADE) would also be working with the Malaysian International Fashion Alliance to hold individual business matching sessions during the fashion week, added Mustapa.
MATRADE is Malaysia's export promotion agency responsible for assisting Malaysian companies succeed in the international market.