Related Keywords: Angolan textile company, rebuilding work, weave cotton
ÁfricaTêxtil, an Angolan textile firm in Benguela, which filed for bankruptcy in 2000 is undergoing rebuilding and modernization work will be once again starting production on completion of its rebuilding and modernization work under a private group Alasola.
The work to rebuild the facility has been given to Japanese company Marubeni which began in March 2012. It is expected to involve cost to the tune of US$480 million, funded by the Japan International Cooperation Bank. The work will be completed by August.
