Home / Knowledge / News / Textiles / Zimbabwe govt framing bill for Bulawayo textile SEZ
Zimbabwe govt framing bill for Bulawayo textile SEZ
23
May '16
The government of Zimbabwe is framing a Special Economic Zone (SEZ) Bill to pave way for making Bulawayo city a SEZ for clothing and textiles, local media has reported.

The aim of the SEZ is not only to revive old companies, but also to attract new investment into the sector, according to Confederation of Zimbabwe Industries.

The setting up of SEZ would create jobs in textiles, clothing and leather sector. It is also expected to increase cotton growing around Bulawayo, attracting ginners, weavers and spinners.

It is estimated that over 20,000 workers have become jobless during the past few years as more than 100 companies, including those in the manufacturing, textile and clothing sectors, have closed down.

Companies like Ascot Clothing, National Blankets and Archer Clothing are among those that have either stopped functioning or have been down-sized leaving many people unemployed.

Use of outdated technologies was one of the reasons for these textile and clothing companies being unable to thrive, as it made difficult for them to compete with products from Asian countries. Moreover, power outages also affected production efficiency. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

IOC, MCPI to set up ₹1000 cr PSF unit in Odisha

Textiles | On 23rd May 2018

IOC, MCPI to set up ₹1000 cr PSF unit in Odisha

Indian Oil Corporation (IOC) has teamed up with Materials Chemicals...

Courtesy: Marks and Spencer

Apparel/Garments | On 23rd May 2018

M&S to close 14 Clothing & Home stores by 2019

Marks & Spencer (M&S), a leading British multi-national retailer,...

Garment products dominate across textile businesses: FESPA

Textiles | On 23rd May 2018

Garment products dominate across textile businesses: FESPA

Garment products dominate across all textile businesses, with sports...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Shawn Honeycutt
Bolger & O'Hearn

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

Saket Garg
Garg Corporation

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

Abhishek Pachauri

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

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

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

Eamonn Tighe
Nature Works LLC

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search