Four hundred jobs are to be created as the Gama Textile group of Austria are currently negotiating the setting up of jeans centre of quality production in Malta. In the past months, the textiles industry has suffered a number of setbacks with the company Denim Services Ltd. ceasing operations and closing down their Bulebel factories. Some 850 workers lost their job. The Ministry of Investment, Industry and Information Technology said that the Austrian company will be giving preference to employees in the ex-Denim Services Group. The company, which supplies yarns, fabrics, textiles, apparel and garment dying to Europe,
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| operated from Spain, Austria and Asia. It said that they intend to set up in Malta a centre of excellence in jeans finishing according to customers' needs and retail the same at the high end of the market chain. In order to achieve this aim, Gama officials will be re-training the ex-Denim emplotees to the higher standards required by them. The company high officials were in Malta this week for negotiations. The Ministry said that they were impressed by what Malta has to offer. Investment Minister Austin Gatt said that government was committed to assist the fast set up of Gama in Malta and he augured that the final negotiations would result in the new project being set up in January 2006. 
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