Brazil: Vicunha sees opportunities in Colombia
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Brazil: Vicunha sees opportunities in Colombia

Publication: SABI - Business News

Provider: South American Business Information

Vicunha is surveying opportunities to have operations in Colombia in order to benefit from the free trade agreement being negotiated with the US, and market rumors point the target would be the local textiles mill Fibratolima. Vital Lopes, financial manager Vicunha, commented the company wants to export textiles to US from a competitive position, and that would be through setting up operations in Latin American countries with free trade agreements with the US. The attractiveness of Colombia resides also in its domestic market with 43 mil inhabitants. Vicunha`s strategy is pursued by other textiles exporting companies as Coteminas and Santista Textil.

Gift this article