Home / Knowledge / News / Textiles / Nigeria invites Austrian investment in cotton growing
Nigeria invites Austrian investment in cotton growing
Mar '12
Nigeria has invited Austria to invest in cotton cultivation in the country as well as to procure raw cotton from it.

On a visit to Austria's Vorarlberg Province, Ms Maria Laose, the Nigerian Ambassador to Austria, informed the Governor of Vorarlberg, Mr. Markus Wallner regarding several investment prospects in Nigeria, including the ones on the side of cotton cultivation.

Ms. Laose called upon the Austrian Government to explore the prospect of procuring raw cotton from Nigeria by investing in cotton cultivation there.

This, she said, would generate many new jobs for Nigerians, curtail illegal immigration and most importantly, revolutionize the one-sided lace trade, while promoting and strengthening the economic ties between the two economies.

The Austrian province of Voralberg is known for producing lace and embroidery materials, which are commonly used by Nigerians for embellishing their traditional and ceremonial outfits.

The envoy said Nigeria procures over €50 million of lace and embroidery materials from Austria each year.

Nigeria, recognized as Africa's biggest economy with vast market, has the potential to serve as a supply channel for Austrian lace to entire West African sub-continent, she added.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Kraig Laboratories

Textiles | On 28th Mar 2017

Kraig gets certificate for silk production in Vietnam

Kraig Biocraft Laboratories, Inc., a leading biotechnology company...

Information Technology | On 28th Mar 2017

Intex Consulting signs partnership with Kawan Era Baru

Germany based Intex Consulting GmbH has entered into a strategic...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search