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.

India provides loan of Sh3bn to Rivatex for new machinery

Related Keywords: buy new machinery for the factory, compete with other companies, currently machines at factory are forty years old, experencing frequent breakdown, increase its production, India to support various fields, Indian government, offer technological transfer, provides loan, Rift Valley Textile East African limited, through Exim Bank

Indian government through the Exim Bank has provided the Rift Valley Textile (Rivatex) East African Limited a Sh3 billion loan to buy new machinery for the factory.

Speaking on Saturday after visiting the Rivatex factory in Eldoret, the Indian High Commissioner to Kenya Suchitra Durai further assured that India will continue supporting various fields at the factory adding that they will offer technological transfer in some areas to the Rivatex factory.

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