Matola, Mozambique, 19 April – Mozambique’s Moztex factory (formerly Texlom) is et to export, as of next May, clothing items “Made in Mozambique” to the United States, said the ambassador for Mozambique and the Portuguese-speaking countries of the Aga Khan Development Network, Nazim Ahmad, Sunday in Matola.
Speaking to Mozambican news agency AIM, Ahmad said that the deal was in its final stages and that all that was left to do was establish the quantities that would be exported to the US market.
Moztex currently exports exclusively to South Africa which received thousands of items of clothing on a weekly basis with a “Made in Mozambique” label. The raw material for producing the clothing is purchased from China.
If the deal goes ahead, Moztex will have to invest to increase its capacity by installing more machines and hiring more staff, which may imply investment of US$5 million.
According to Ahmad, the Aga Khan Network plans to increase the profitability of the Moztec facilities by introducing other industrial activities, which he did not specify.
According to information gathered by AIM Moztec has exported around 500,000 items of clothing to South Africa since production began at the factory.
In Mozambique, the AKDN has interests in Cabo Delgado and Maputo provinces, where, as well as the Polana Serena hotel and Moztec, it owns the Aga Khan Academy Professional Development Centre. (macauhub)