By EABW Reporter at http://www.busiweek.com/index.php?option=com_content&task=view&id=4501&Itemid=9"KIGALI, RWANDA - Rwanda's only textile plant-Utexrwa-has unveiled plans to increase its investments in silk and cotton to boost export revenue and create more jobs.
"Our plan of converting the capacity gradually to silk production is with an investment of US$5million. We expect to see an export sales turnover of about $15-20million per annum in the next four to five years," the managing director of Utexrwa Mr. Raj Rajendran said at the occasion to mark Africa Industrialization day cerebrated in Rwanda recently."
"Our plan of converting the capacity gradually to silk production is with an investment of US$5million. We expect to see an export sales turnover of about $15-20million per annum in the next four to five years," the managing director of Utexrwa Mr. Raj Rajendran said at the occasion to mark Africa Industrialization day cerebrated in Rwanda recently."
Category: Rwanda + Economy
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