Related Keywords: contract farming, cotton industry, high quality yarn, milling and spinning plant, new spring reels, Sino Zimbabwe cotton, venture into cotton farming, weaving plant
Sino Zimbabwe Cotton are currently in negotiations with a local company with an intention to purchase of at least 35 000 hectares of land because they are intending to venture into cotton farming. But Sino Zim is going to continue funding contract farming.
The company plans to increase cotton seed and lint output to 35 000 metric tonnes at its $17 million plant commissioned by President Robert Mugabe in December last year hence its decision to venture into cotton farming.