Denim production, embroidery, screen printing and washing
A businessman named *** ***, who applied to our office, informed us that he was looking for cooperation with Turkish companies in the textile field. The investment he wants to make is an integrated factory for denim production, embroidery, screen printing and washing activities. Production will be 100% export-oriented. The total cost of the investment is estimated at 70 to 80 million dirhams (7 to 8 million euros). This amount covers buildings, equipment and working capital. He reported that there is a lot of equipment left over from the old business that was closed during the pandemic period. *** *** reported that he is a professional in this field and has a wide customer portfolio in exports. As he proposes, the project can be carried out in two ways:-1) Installation of a new factory: Purchase of buildings, machinery, etc.-2) Purchase of an existing factory: Sale of an integrated factory (buildings, equipment and reputation), whose owner has reached retirement age and is ready for sale. The purchase cost of this factory is determined as 6 million euros.