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Zambia Govt seeks investment in defunct textile mills

The government of Zambia is looking for local and foreign investors to invest in Mukuba Textiles and Swarp Spinning Mills in Ndola in a bid to revive their operations. The government is of the opinion that investments in these two mills will add value to the cotton industry in Zambia.


The move comes after shrinkage of cotton value chain led by closure of Mukuba Textiles and Swarp Spinning Mills several years ago. The aim now is to revamp Mukuba Textiles and Swarp Spinning so that the cotton value chain from production to ginning is complete and leads to employment generation.


Through a new strategy to rebuild the textile value chain, government will focus on promoting and showcasing the country's manufacturing potential yielding from crop diversification. It believes that this strategy would help in the industry go back to the days when cotton was one of the major sources of employment.

 

www.mukuba.com

 
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