Interviews
Chinese company to set up textile factory in Kenya
11 Sep '14
2 min read
Jiangsu Lianfa Textile Co., Ltd, a China-based large-scale textile company, is planning to set up a textile factory in Naivasha, in Kenya’s Nakuru county, Kenyan Broadcasting Corporation KBC reported.
The factory, to be set up at a cost of 40 billion shillings, is expected to produce goods worth US$ 1.5 billion every year and would create about 30,000 job opportunities in Naivasha. The project will utilize 50,000 acres reserved for cotton farming.
Industrialization Cabinet Secretary of Kenya, Adan Mohammaed, said the factory would prove to be highly beneficial for the textile sector in Kenya and will also contribute in growth of the country’s economy.
Also, with the ongoing collaboration between Kenya and China, the project initiated by Jiangsu Lianfa Group will help triple the annual production of textiles in Kenya, he added.
Mr. Mohammed said the planned textile factory will help in bringing the Kenyan textile sector back on track. He said the major issue that hinders the growth of the textile sector in Kenya is the high amount of money spent for electricity, which accounts for about 35 percent of the amount spent for the textile production.
The president of Jiangsu Lianfa Group, Kong Xiang Jun, said they had conducted a survey in various African Countries and were impressed by Kenya’s standards in the textile industry.
Jiangsu Lianfa Textile Co., Ltd. is a large-scaled textile group in China, which is into yarn spinning, dyeing, weaving, finishing, printing, and dyeing and garment production. Lianfa has assets worth RMB 1.107 billion, with more than 5,000 employees. Its main products are yarn, yarn-dyed fabrics and shirts. (GK)
The factory, to be set up at a cost of 40 billion shillings, is expected to produce goods worth US$ 1.5 billion every year and would create about 30,000 job opportunities in Naivasha. The project will utilize 50,000 acres reserved for cotton farming.
Industrialization Cabinet Secretary of Kenya, Adan Mohammaed, said the factory would prove to be highly beneficial for the textile sector in Kenya and will also contribute in growth of the country’s economy.
Also, with the ongoing collaboration between Kenya and China, the project initiated by Jiangsu Lianfa Group will help triple the annual production of textiles in Kenya, he added.
Mr. Mohammed said the planned textile factory will help in bringing the Kenyan textile sector back on track. He said the major issue that hinders the growth of the textile sector in Kenya is the high amount of money spent for electricity, which accounts for about 35 percent of the amount spent for the textile production.
The president of Jiangsu Lianfa Group, Kong Xiang Jun, said they had conducted a survey in various African Countries and were impressed by Kenya’s standards in the textile industry.
Jiangsu Lianfa Textile Co., Ltd. is a large-scaled textile group in China, which is into yarn spinning, dyeing, weaving, finishing, printing, and dyeing and garment production. Lianfa has assets worth RMB 1.107 billion, with more than 5,000 employees. Its main products are yarn, yarn-dyed fabrics and shirts. (GK)
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
