YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Mulungushi Textile to recommission within the first week of August

Related Keywords: Cotton Association of Zambia, development of cotton industry, equipment and machinery, garment and blanket section, IDC sign MoU, Mulungushi Textile Industries, President Lungu, recommission, stimulate economic activities, textile industry will create jobs, under Zambia Industrial Development Corporation, whole cotton value-chain

Mulungushi Textile Industries was now under the Zambia Industrial Development Corporation (IDC), whose chairperson is President Lungu is expected to recommission Mulungushi Textile Industries that ceased operations in 2007 as a result of financial difficulties . The recommission will stimulate economic activities in Kabwe.

Once fully operational, the textile industry will create more than 2,000 job opportunities along the whole cotton value-chain.

Govt of Zambia to come up with aggressive programme to revival its textile industry

Related Keywords: AGOA, cheap imports, Cotton Association of Zambia, exploit vast potential, international trade restrictions, launch cotton ginnery, losing on home market, Ministry of Commerce Trade and Industry, Siazongo Siakalenge, small scale farmers, Zambian textile and clothing industry

The Zambian textile and clothing industry is being challenged by cheap imports and is losing large segments on the home market. Nonetheless, the textiles and clothing industry remains a sector of export interest to Zambia where the country could exploit its vast existing potential – if supply-side and international trade restrictions were resolved.

Government of Zambia will be coming up with an aggressive programme next year to assist the growth of textile industry in the country.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button