Home / Knowledge / News / Textiles / Zambia based Mulungushi Textiles set to restart again
Zambia based Mulungushi Textiles set to restart again
06
Aug '14
The defunct Mulungushi Textiles mill in Zambia is set to get a new lease of life after a Tanzanian investor signed an agreement to restart the mill.

Tanzania based Mohammed Enterprises will invest US $10 million into the mill to restart the textile mill, which closed down in 2007-08 due to financial problems.

Mohammed Enterprises Chairman, Gulam Deiji signed the lease agreement on behalf of Mohammed Enterprises while Ministry of Defence Permanent Secretary, Rose Salukatula signed on behalf of government.

Earlier on June 7, quoting the Zambia Daily Mail, fibre2fashion had reported that Mulungushi Textiles may soon resume operations under a new Tanzanian investor.

Ms Salukatula called the signing of the agreement as a historic moment. She said that the government had committed itself to restarting the closed mill, which was the reason that since 2011, they were searching for an investor to restart the mill.

Ms Salukatula expressed her thanks to the caretaker staff for their commitment to look after the mill despite the fact that the mill was not paying their salaries, which was the main reason that the government was able to find a new investor.

Gulam Deiji said that the mill when fully operational would provide jobs to around 2000 people and that it would now be renamed as Mohammed Enterprises Mulungushi Textiles.

During its closure, the mill employed about 1,000 people.

Fibre2fashion News Desk - India


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


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