A group of businessmen from the United States, Germany, Turkey and Mozambique will invest $150 million to install the textile industry in the northern Malanje province of Angola. This project provides the promotion of cotton production in Quela district and study from other regions for cultivation. With the implementation of the two components of the project (industrial and agricultural), around 40 to 50 thousand direct jobs are expected to be added.
The industry minister is establishing contacts with the ministry of construction and public works to improve access roads to areas where cotton is intended to be grown in Quela district. The textile factory will be installed in the Agro-industrial Development Hub of Malanje, whose conditions for installation of electric power and drinking water will be created soon.