JGATE holds quarterly general assembly meeting | JGATE holds quarterly general assembly meeting -
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JGATE holds quarterly general assembly meeting

Jordan: Tuesday, November 02 - 2004 @ 15:45

The meeting was led by Mr. Samir Maqdah, Chairman and Mr. Rashed Darwazeh, CEO to review financials for the fiscal year of 2003- 2004 and to discuss matters on the agenda. Thirty-three persons participated in the meeting including representatives from Dana Establishment, Irada Apparel Manufacturing Co., Jordan Clothing Co., Jerash Garments, CCKM, Jordan Dragon, Mediterranean Resources, EAM Maliban and Mina Apparel. The meeting was open to the media, and was attended by journalists from throughout the region.

JGATE’s 2003-2004 fiscal year accounts were approved unanimously by members present at the meeting. Revenue for 2004 was estimated at JD 274,170, with membership accounting for 8% of total revenues, AMIR Program funding accounted for 38%.

During the meeting, Mr. Darwazeh led a presentation detailing JGATE’s mission and the seven primary functions of JGATE’s activism: Advocacy, Networking, Professional Development, Export Readiness, Strategic Alliances, Investments, and Product & Manufacturing Development. Accomplishments of JGATE and its members were also applauded. Darwazeh laid out a three year strategic plan detailing activities and objectives, this strategic plan was also unanimously approved.

Speaking to members at the event JGATE’s Chairman, Mr. Samir Maqdah said, ‘We are proud to have had such a successful year with active participation by new members and the support of JUSBP (Jordan US Business Partnership) as well as JIB and other supporting parties. We have been extremely active and have introduced a number of policy changes to facilitate production procedures and processes for our members and other participants within the sector.”

‘We continue to progress well in the development and expansion of the garments and textiles export industry, and are making steps forward to meet our goals. We are confident that going forward this year we will continue to perform well and to meet our targets.’

Jordanian Garments, Accessories & Textiles Exporters’ Association (JGATE) was launched by the Jordan-United States Business Partnership (JUSBP) in an attempt to increase the garment sector competitiveness and expand export capacity. JGATE provides members with necessary resources to build export networks, attract investments, improve management know-how and improve supply chain collaboration.

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Tuesday, November 2- 2004 @ 15:45 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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