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China’s Biggest Textile Company signed deal with Rwanda Local Partner AMG
Jiangyin BaoRui Textile Ltd which is one of China biggest textile company has sign a contract with Apparel Manufacturing Group (AMG). The deal is to produce fabrics as well as other product that will be use in Rwanda.
The new partnership will see #AMG representing the Chinese textile Giant in Rwanda & they will start producing fabrics as well as other finished products like Clothes for local market. #CollectiveInvest pic.twitter.com/iuJBs2GH8j
— PSF Rwanda (@PSF_Rwanda) May 7, 2019
Fabrics imported to Rwanda has been a huge challenge for some time now which has made local clothing more expensive. So the new partnership is a way of bringing massive production of fabrics into Rwanda. This will help create more competitive advantage to the local producers in the country.
Just a recap: The scarcity of fabrics on our local market could soon be history as a new #partnership between Jiangyin BaoRui Textile Ltd a Chinese company & our own Apparel manufacturing Group ( AMG) was signed yesterday in Shangshou city. #ThinkingBig 💪💪💪💪. pic.twitter.com/WpNJfwc5Db
— PSF Rwanda (@PSF_Rwanda) May 8, 2019
Private Sector Federation Rwanda, pointed out that the Chinese company will provide the latest equipment and technology. The deal will also include capacity building on Rwanda’s textile industry. This will help in reducing importation of fabrics into Rwanda.
Jiangyin BaoRui Textile Company increase a set of yarn production equipment like crochet machines, stranding machines, flower twisting machine and playing machines. Their workshop covers an area of 40,000 square metres while the productivity is more than 2500 tonnes which export product to more than 30 countries. These product are used in making knitted fabrics, weaving, carpets, bathrobes, shawls, scarves, hats, gloves, socks and other decorations.