Home / Knowledge / News / Textiles / Chinese company invests R150 mn in blanket factory in SA
Chinese company invests R150 mn in blanket factory in SA
16
Dec '15
South Africa's Department of Trade and Industry (DTI) has welcomed Chinese company Yi Li Da Sa R150 million ($10 million) blanket factory which is expected to create 1000 direct jobs in Boksburg, Gauteng, the state-run South Africa news agency has reported.

The Chinese company last week opened the eco-friendly factory that will produce textile products using recycled polyester products such as plastic mineral water bottles.

Acting Head of Investment Promotion and Interdepartmental Clearing House at the DTI, Yunus Hoosen, welcomed the investment into the country. The investment, he said, will help upscale the South African economy and industrialisation.

“The investment and technology used and the upscaling is in line with our Industrial Policy Action Plan and industrialisation plans to expand our manufacturing base and oversee investments that are sustainable in the long run,” said Hoosen.

Chairman of Yi Li Da Sa , Yong Qian, said the opening of the factory represented a milestone in progress that is being made through the China-Africa relationship. He said the cooperation between China and African countries in investment projects was a win-win situation.

“For China, it facilitates its development in African countries and for South Africa and the rest of the continent it contributes to the achievement of industrialisation, foreign investment and economic development,” said Qian.

Qian said manufacturing was planned to be carried out in two phases.

The first phase will see a blanket weaving manufacturing line being established. Polyester filament yarn, the raw material for this manufacturing process, will be imported from China.

“In the second phase, local polyester plastic bottles will be utilised as raw material to manufacture polyester filament yarn and a texturing factory will be set up. This will also lead to the reduction of carbon dioxide emissions,” he explained.

Hoosen said it was pleasing to see Chinese companies leading the way in manufacturing, expanding localisation and producing locally instead of importing.

He said the investment would boost the local textile sector. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Amazon

Apparel/Garments | On 23rd Sep 2018

Consumers in Turkey get access to Amazon

Amazon has launched in Turkey giving customers in the country...

Value in omni-channel retail with Flipkart buying: Walmart

Apparel/Garments | On 23rd Sep 2018

Value in omni-channel retail with Flipkart buying: Walmart

With the acquisition of Flipkart, Walmart sees great value in...

E-com to result in common SE Asian consumer market: BCG

Textiles | On 23rd Sep 2018

E-com to result in common SE Asian consumer market: BCG

The rapid spread of e-commerce and digital technologies is binding...

Interviews View All

C Kamatchisundaram, Voltas

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Veronique Lee, Modavanti

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Manoj Sorathiya,

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Rupa Sood and Sharan Apparao, Nayaab

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


September 2018

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

news category


Related Categories:

Advanced Search