IFC: Morocco Could Attract $1.9 billion & Create over 30,000 jobs with Recycling Textile Waste – The North Africa Post
2 Articles
2 Articles
Morocco wants to create 30,000 jobs with textile recycling and become one of the great poles of sustainable production in the Mediterranean. A report by the International Finance Corporation (IFC), belonging to the World Bank Group, concludes that the circular economy applied to the textile sector can generate an economic transformation of enormous scope over the next few years. The strategy would not only attract important private investments, …
IFC: Morocco Could Attract $1.9 billion & Create over 30,000 jobs with Recycling Textile Waste – The North Africa Post
Recycling textile waste in Morocco is technically viable and commercially feasible and could attract $1.9 billion in additional private investment and generate more than 30,000 jobs, according to a study carried out by World Bank’s IFC pilot project. Trials conducted as part of the “Morocco Textile Circularity program” yielded positive results exceeding all expectations as […]
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