German Technical Cooperation (GTZ) has prepared a project to bail out the readymade garments sector, which is reeling under tremendous pressure because of the continuous fall of dollar. The scheme has been prepared as a part of multi-donor small and medium enterprises financing and development project, in collaboration with World Bank, KfW (German Development Bank) and DFID (UK). The project will provide technical and marketing support to readymade units in the National Capital Region.
“The objective of the initiative is to strengthen the growth and competitiveness of medium and small enterprises, and provide appropriate financial and business development services to garment manufacturers and exporters,” GTZ country director Rolph Suelzer said while inaugurating the stakeholder workshop in the Capital on Sunday.
