Mozambique: Paralysed textile factory to resume production with funding provided by AKF July 10, 2009
Posted by ismailimail in Africa, Aga Khan Foundation, Fund for Economic Development, Mozambique.trackback
9 July 2009
Maputo — The giant textile factory Texlom, in the southern Mozambican city of Matola, paralysed for the past decade, will resume production in the near future, according to the Minister of Industry and Trade, Antonio Fernando.
Fernando told AIM “preparations for the factory’s relaunch are very advanced. Very soon Texlom will be producing”.
The investment required comes from the Aga Khan Foundation, and the textiles produced will be sold on the Mozambican and regional markets. The number of jobs created is about 100, and the workers are mostly women. Currently the staff are undergoing training prior to the take-off.
Read at source: http://allafrica.com/stories/200907090935.html
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