Pink Mango C&D agree deal with Rwanda Govt. to produce garments for both domestic and export markets.
Job creation is vital for the growth of any nation economy. This is why Rwanda has sign a deal with chinese firm Pink Mango C&D to establish a modern garment factory.
The factory will aim to produce garments for both the domestic and export markets. It will also provide 7500 jobs for the nation by the fifth year as well as cumulative export earnings of US$20 million over the next five years.
Rwanda Development Board’s Deputy Chief Executive Officer Emmanuel Hategeka said ”We have been using fiscal measures to progressively discourage the importation of second-hand clothes. Because it was hurting the growth of the domestic textile and garment industry.”
According to him, the firm investment will not only boost skill and give access to productive jobs but also enable them to have an increased import.
Pink Mango C&D will build capacity and transfer skills to 500 workers of local garment cooperatives. This will help them benefit from supply through an outsourcing model according to the company statement.
Pink Mango C&D will also support the construction of a garment industry ecosystem. This will attract other players in dyeing, knitting and weaving as well as accessories suppliers to open up shop in Rwanda.