Angolian govt encourage investment in cotton production

To support the three large textile factories rehabilitated by the Government in Kwanza Norte, Luanda and Benguela provinces, the Angolan minister of Industry, Bernarda Martins, called for investment in cotton production in Malanje.

Bernarda Martins speaking at the International Conference on Investment Promotion for the province which ended on Thursday urged domestic and foreign investors to invest in cotton production in Malanje,

Under the rehabilitation, expansion and modernization of the textile industries, the country currently imports cotton for the factories “Africa Textile” (Benguela),” Textang 2 “(Luanda) and” Satec “in Dondo (Kwanza Norte).

During the Portuguese colonial administration, the province of Malanje was one of the largest cotton producers, so that investors should think along these lines, aiming to end imports of this product.

Minister Bernarda Martins said the government was working to create land for the industry with the necessary infrastructure, including water, energy, roads and access, in order to support entrepreneurs who wish to invest.

Recent Posts

Better Earth unveils biodegradable fiber tableware

Better Earth has introduced the Farmer's Fiber Retail Collection, a new range of BPI-certified, US-made compostable molded fiber plates and…

17 hours ago

Engineers develop wireless tags using carbon fibers

Researchers have developed an innovative wireless tagging system that can identify objects and measure temperaturE without using traditional microchips.

17 hours ago

Avantium unveils breakthrough for recycling polycotton blends

Avantium has made a major breakthrough in textile recycling, developing a unique method to separate and reuse both cotton and…

2 days ago

Ventile, Northern Playground unveil versetile Anorak

Ventile has teamed up with Norwegian brand Northern Playground to introduce a new lightweight anorak designed for both outdoor adventures…

2 days ago

Faherty, Alternew to enhance retail experience

Faherty Brand has announced a new collaboration with Alternew to improve the shopping experience by offering convenient alteration services to…

2 days ago

GFA and PDS Ventures launch Trailblazer Program

GFA and PDS Ventures are searching for early-stage innovators with sustainable solutions that can transform the fashion and textile supply…

3 days ago