The Riopele textile factory should reopen in March 2014 to produce yarn and fabric after a 10-year closure, said Mozambique’s Minister of Industry and Trade, Armando Inroga.
In 2012 the Mozambique Cotton Manufacturers (MCM) consortium comprising Mozambique’s Intelec Holdings and Portugal’s Mundotêxtil, Mundifios and Crispim Abreu acquired the assets of Riopele, located in Marracuene in the southern province of Maputo.
During a visit to the factory installations now being restored, Inroga explained that the cotton would come from Guro in the central province of Manica, where the Mozambican Cotton Institute oversees a fibre processing and development project.
“The cotton will be transformed in Guro and brought here in conditions for lab assessment, processing and production of yarn and fabric which will later be commercialised for the production of any textile product,” the minister said, cited by the Maputo-based daily Notícias.
The Luso-Mozambican consortium has invested US$12 million of the total US$40 million announced. This investment amount will enable Riopele to install spinning, weaving and dyeing equipment.
“Our aim is for the textile industry’s entire production line to be national, from production of the cotton to its transformation into fabric, production of cotton yarn and supply to the national market. This will generate many small and medium sized companies around this great industry now under construction,” Inroga said.
Mozambique produced nearly 70,000 tons of seed cotton in the 2011/2012 harvest season, 66 percent more than in the previous season. (macauhub)