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China-Africa Cotton Mozambique becomes operational
18
Aug '11
A cotton processing factory called China-Africa Cotton Mozambique has become operational in Beira, the capital of central Mozambican province of Sofala.

The new facility houses a capacity to process 40,000 tons of raw cotton per annum and has currently become operational by employing 150 workers.

Hou Chi Chiang, Director of the company said, besides spinning, the facility is well-equipped to produce hospital-grade cotton and cooking oil.

He disclosed that the company will be investing US$ 22 million in its programme aimed at enhancing cotton production and processing in Sofala. The investments are proposed to take place over the next three years, of which a sum of over six million USD has been utilized for setting up a cotton processing facility in vicinity of Cerâmica town.

China-Africa Cotton Mozambique has procured 3,000 tons of raw cotton from farmers this year and has fixed a target of procuring 6,000 tons by September 2012.

Owing to its 2011-12 agricultural campaign, the company has estimated harvesting of 18,000 tons of raw cotton at a rate of one ton per hectare, to be undertaken by more than 15,000 family sector producers.

Fibre2fashion News Desk - India


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