Home / Knowledge / News / Textiles / Mozambique plans special economic zone in Manica province

Mozambique plans special economic zone in Manica province

30
Sep '19
Pic: Shutterstock
Pic: Shutterstock
The neighbourhood of former cotton factory Soalpo, later called Textáfrica, in Chimoio, the capital of Mozambique’s Manica province, will be transformed into a special economic zone, Prime Minister Carlos Agostinho do Rosário announced recently during a meeting with former workers of the textile factory that has been lying dormant for over 20 years.

The idea of transforming the neighbourhood into an industrial duty-free zone is intended, according to the prime minister, to create conditions for national and foreign investments that enable the emergence of companies and job creation for locals, especially young people, some of whom are descendants of former company workers.

He announced that all industrial, commercial and other developments that will be implemented in the zone will be exempt from taxes and customs duties on equipment imports, according to regional news reports.

The stoppage of two textile factories, Textáfrica and Empresa Moçambicana de Malhas (EMMA), both originally owned by the same Portuguese group, led to a reduction in cotton crop in that zone, and their bankruptcy resulted in the dismissal of more than 3,000 workers.

Fibre2Fashion News Desk – India


Interviews View All

Pinkesh Jain, Everflow Petrofils Ltd

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Yashiki Gumber, Sahiba Fabrics

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Awen Delaval, Samatoa

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Boban Charly,

Boban Charly

Bierrebi designs and manufactures automatic machines that cut fabric into...

Fiorella Cattelan,

Fiorella Cattelan

With flexibility and versatility, Dettin strives to meet the specific...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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


October 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search