Released on = June 2, 2007, 2:43 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = The Malaysian textile and clothing sector encompasses a
broad range of activities including polymerisation and man-made fibre production,
spinning, texturing, weaving, knitting, printing, dyeing, finishing and garment
making. Exports of textiles and clothing have

Press Release Body = Prospects for the Textile and Apparel Industry in Malaysia

The Malaysian textile and clothing sector encompasses a broad range of activities
including polymerisation and man-made fibre production, spinning, texturing,
weaving, knitting, printing, dyeing, finishing and garment making. Exports of
textiles and clothing have increased significantly over the years. Between 2003 and
2005 shipments rose by 21% from US$2.24 bn to US$2.71 bn. Malaysia's well developed
infrastructure and its favorable labors policies have helped the country to attract
foreign investment. However, in 2005 the bulk of funding in the textile and garment
sector came from domestic investors. Moreover, the textile and clothing sector
accounts for only a small share of investment in the country as a whole. In 2005 a
mere 1.2% of total domestic and foreign investment approved by the government was
destined for the textile and apparel sector. In preparation for the elimination of
quotas at the end of 2004, the government attempted to increase the sector's
competitiveness by promoting measures to improve operational efficiency and
productivity while placing more emphasis on research, development and quality
enhancement. In response, manufacturers have invested in new technology, upgraded
old machinery and trained workers in order to improve efficiency and quality and to
reduce costs.

The next stage in the sector's development is likely to be a focus on the
establishment of its own identity by fostering its own brands. This process has
already started but will be exceedingly expensive to fulfill as it will
involve-among other things-high levels of advertising expenditure and more
sophisticated distribution channels.


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