Gyeonggi Province’s textile industry pursues American market in New York
Createdd 2016-07-25 Hit 557
Contents
Gyeonggi
Province and the Gyeonggi Small & Medium Business Center open Gyeonggi
Province booth at 2016 Texworld USA in New York
Gyeonggi Province and the Gyeonggi Small & Medium
Business Center will operate a booth at the 2016 Texworld USA, which runs from July
12 to 14 at the Jacob K. Javits Convention Center in New York City. ⓒ Gyeonggi G-News
Gyeonggi Province and the
Gyeonggi Small & Medium Business Center will operate a booth at the 2016 Texworld
USA, which runs from July 12 to 14 at the Jacob K. Javits Convention Center in
New York City.
First held in 2006, Texworld
USA is a major textile exhibition that takes place in New York, a world-leading
fashion city. This year, more than 660 companies from 17 countries are expected
to attend this event which will occupy a floor space of 25,000㎡.
Eleven textile companies from
Gyeonggi will participate via the province’s booth. The provincial government
will subsidize up to 50% of booth rental costs, booth equipment costs,
transportation costs for exhibits (one-way), and general management costs for
companies participating in the exhibition. The province will also help those
companies find buyers in the American market through the Gyeonggi Textile
Marketing Center in New York.
Of particular note, key global
buyers, manufacturers, and exporters from the United States, Europe, and
South/Central America will participate in the exhibition. The event itself will
focus on business consultations, and is therefore expected to serve as a
stepping stone for Gyeonggi enterprises seeking to enter the American market.
Gyeonggi Province Assistant
Governor for Economy Park Shin-hwan said, “With 54.5% of Korean knit
companies located in Gyeonggi Province, we are the engine for the Korean
textile industry and a global hub for high quality knit products.” Park continued, “We hope to promote the
excellence of Gyeonggi Province’s textile industry across the Americas at this year’s Texworld USA.”
Gyeonggi Province has been
establishing Gyeonggi Textile Marketing Centers (GTC) around the world to
stimulate textile industry exports and to resolve any difficulties encountered
by textile enterprises in Gyeonggi Province. At present, three overseas
branches and one marketing base have been established in the United States (Los
Angeles and New York), China (Shanghai), and Brazil (São Paulo).
Lee Jun-kyun eyekle@hanmail.net
