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 Lesotho has undergone significant industrial expansion in
the past several years, with numerous international textile
and garment firms having successfully established their
manufacturing concerns in the country. Further development
in this sector has been prioritized due to its ability to
create sustainable employment opportunities, thereby
contributing substantially to poverty alleviation.
The industry resumed its upward growth trend during 2006,
supported by the country's sound economic fundamentals and a
number of proactive steps taken by government to support the
sector as well as to diversify products and export markets.
An essential element in future economic development is the
expansion of the private sector, which has the capacity to
stimulate economic growth and rapidly increase employment
opportunities.
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