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Rama's four promises for fashion business

2024-01-17 10:30:00, Politikë CNA
Rama's four promises for fashion business
Edi Rama

Today, the Prime Minister held a meeting with the fashion business to discuss the needs for further transformation of the sector. 

The head of the government emphasizes that the government will increase its commitment to further support this sector to close the production cycles itself and makes 4 concrete promises for them. 

Full reaction

Pyramid of Tirana - In the "House of Business" with the representatives of the industry association with custom material (fason), to discuss the needs for the further transformation of the sector, in the example of the leading companies in the sector; the support measures we will undertake to overcome development challenges; the necessity of the understanding by all actors of the sector of the fact that the time of free labor as a competitive advantage has ended for some time now and this fact is faced only with investments in technology and innovation, and consequently with dignified wages.
The agreed interventions will precisely stimulate transformation and investments in technology and innovation, rapidly supporting the need for liquidity, the need for easy credit, as well as for qualified human resources:

Quick refund of VAT through a dedicated channel for companies in this industry

Providing a facilitating mechanism (overdraft) for quick availability of liquidity, according to contracts with customers that companies must put into production.

A sovereign guarantee for investment in technology and innovation.
A financing scheme for the establishment of a  professional academy for manufacturing and related training in the company.

The government will increase its commitment to further support this sector to close its own production cycles, as well as to become more productive and competitive by strengthening the "Made in Albania" brand./ CNA 





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