Portugal is pushing to become a sustainable, yet modern worldwide leader in the footwear industryWithin Portugal, the footwear sector has long been a top leader in production, specializing in leather-made footwear. Known for high-quality and durable materials, the footwear industry provideseuros within the next decade. It aims to become “an international benchmark in the development of sustainable solutions in our industry,” Luis Onofre, President of the APICCAPS , told V.
They have already made major headway in these efforts by receiving over 80 million euros to invest in sustainability efforts from the Bioshoes4ll project and 60 million euros for automatization and robotics from the FAIST project. With the financial backing of organizations like APICCAPS, they are soon poised to become a worldwide leader within the footwear space.
Twenty-two billion pairs of shoes are produced around the world each year and Asia is responsible for 88% of production. Gonçalves sees this as not being sustainable long-term; this is where Portugal is stepping in. In 2023,from 1,500 footwear companies. Around 90% of the product was exported and sold to 174 countries in 2023. Workers within these companies represent a large portion of the workforce by providing 40,000 jobs to residents within Portugal.
“We are not committed to producing more. We want to produce, increasingly, high-quality footwear that people can use for a long time. Naturally, we do not want our companies to lose competitiveness. Therefore, APICCAPS has joined forces with the Footwear Technological Center and established programs for independent audits of the companies. We defined individual action plans to optimize processes,” Gonçalves said. “Our goal is clear: to ensure that Portuguese companies are at the forefront.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: AP - 🏆 728. / 51 Read more »