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China's Jiangyin BaoRui Textile to invest in Rwanda

14
May '19
Pic: Suzy Hazelwood from Pexels
Pic: Suzy Hazelwood from Pexels
Chinese textile company Jiangyin BaoRui Textile recently signed a deal to produce fabrics and apparel in Rwanda through a local partner, Apparel Manufacturing Group (AMG). The initiative is expected to reduce imports of high-end clothes. AMG chairperson Dianne Mukasahaha and her counterpart from the Chinese side Hua Huang signed the agreement in China.

A delegation of Rwanda business operator’s textile industry visited China recently to look for potential investment partnerships.

Chinese textile experts will also provide new technology and capacity building techniques to the member companies of AMG, which are mostly small and medium enterprises, according to statement from Rwanda’s Private Sector Federation (PSF).

“This is a great milestone for our sector. We have been facing the challenge of inadequate fabrics and importing finished clothes from different countries but now this will be done locally,” said Dianne Mukasahaha, Chairperson of the AMG Company.

PSF formed AMG to promote collective investment, according to Rwandan media reports.

The manufactured garments will be sold in the domestic market and exported. (DS)

Fibre2Fashion News Desk – India


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