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Rwanda to boost silk output through Korean company
16 Aug '16
1 min read
The National Agricultural Exports Development Board in Rwanda and South Korean company Heworks Rwanda Silk Ltd, have signed an agreement to boost silk production in the country.
According to Rwandan media reports, the agreement focuses on purchasing of fresh cocoons as well as production of raw silk, silk yarn and other silk products by the Korean company.
Heworks Rwanda will purchase all the silk cocoons produced by cooperatives and farmers and will initially invest $5.2 million.
Additionally, the Korean company will also set up a training facility for local farmers and also for the production of silkworm eggs used for cocoon production.
A factory building will be constructed in the Kigali Special Economic Zone by the government, while the company will install reeling machines for processing cocoons into silk yarn. (AR)
According to Rwandan media reports, the agreement focuses on purchasing of fresh cocoons as well as production of raw silk, silk yarn and other silk products by the Korean company.
Heworks Rwanda will purchase all the silk cocoons produced by cooperatives and farmers and will initially invest $5.2 million.
Additionally, the Korean company will also set up a training facility for local farmers and also for the production of silkworm eggs used for cocoon production.
A factory building will be constructed in the Kigali Special Economic Zone by the government, while the company will install reeling machines for processing cocoons into silk yarn. (AR)
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