Potentialities Textile

New investors and existing companies are expanding again, demonstrating their confidence in Madagascar’s competitive advantages. The reasons why are clear:

  • Very competitive labour costs, with wages for experienced assembly workers averaging $70 per month
  • A highly skilled workforce with a reputation for manual dexterity and productivity
  • A talent base of more than 200,000 workers with experience in the apparel industry
  • Unrestricted duty-free access to US, EU and African markets, under the AGOA, EPA & SADC/COMESA trade agreements
  • Close proximity to other apparel industry hubs in Mauritius and South Africa, facilitating access to additional expertise , inbound supplies and outbound logistics support
  • A generous tax-regime for export processing companies, with 100% exemption from duties, VAT and corporate taxes