Home / Knowledge / News / Textiles / Zambia's Mulungushi Textiles may soon resume operations
Zambia's Mulungushi Textiles may soon resume operations
Jun '14
courtesy: Zambia Daily Mail
courtesy: Zambia Daily Mail
The Zambia-China Mulungushi Textiles (ZCMT) may soon resume operations under a new Tanzanian investor, reports Zambia Daily Mail.
During his meeting with Central Province permanent secretary Edwidge Mutale in Kabwe, Zambian Defence Minister Edgar Lungu said that terms and conditions for revival of the ZCMT have been agreed upon between the Government and the new investor.
Mr. Lungu said the revival of the ZCMT was not taken up immediately because the terms and conditions agreed upon must first be approved by the Attorney General, and then only an agreement can be signed and the process can be taken forward.
The Minister said the board of ZCMT is expected to meet before ZCMT commences operations, in June-end or thereafter. He added that the revival of the textile mill is important as it would create jobs.
ZCMT ceased operations in 2007-08 owing to financial problems, obsolete machinery, high cost of production, stiff competition with imported textile products from Asia, erratic supply of raw materials, and failure by clients to liquidate their debts.
The ZCMT set up in 1997 as a 66:34 joint venture between the China-based Qingdao Textiles Holding Group Company Limited and the Government of Zambia.
Subsequently, Qingdao Textiles invested US$ 24 million in ZCMT to develop the textile mill that was functioning earlier as Mulungushi Textiles.
During its closure, the ZCMT employed about 1,000 people. In the run-up to the elections in 2011, President Michael Sata had promised to reopen the textile factory to create more jobs for Kabwe residents.

Fibre2fashion News Desk - India

Must ReadView All

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Pranav Mishra

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search