Mozambique negotiates reactivation of three textile factories with investors

13 July 2006

Maputo, Mozambique, 13 July – The Mozambican government is negotiating the reactivation of three textiles factories by the end of the year, including EMMA and Texmoque, with a group of investors, officials said.

Mozambican daily newspaper, Notícias reported that there were also investors foreign investors interested in a smaller factory, Textáfrica, located in Chimolo, in Manica province, which has not been working for several years.

The negotiations for EMMA, in Manica province, and Texmoque, in Nampula, are at an advanced stage, the paper said.

The re-launch of Texmoque and EMMA,w hich will take on the name CIPLA, is expected to require 500 to 800 workers at each of the factories.

The government is looking into measures to encourage cotton production in order to meet the needs of the re-launched factories.

Mozambique’s cotton association (AAM) estimates that this year cotton production in Mozambique will increase by around 33 percent, to some 110,000 tons.

The production of cotton fiber this year is expected to total 36,000 tons, which will place the extraction rate at around 36 percent. (macauhub)