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Tanzania textiles opportunity

Textiles

    Tanzania produces raw cotton and textiles. Cotton is the fifth largest agricultural export commodity contributing 3% of total exports in 2000 after coffee(15%), raw cashewnut (9%), tobacco (7%) and tea (6%). However, the textile industry that was vibrant in the 1970's has lagged behind after market liberalization. This situation forced the government to sell ginneries and textile industries that were previously under public ownership and management in order to revamp the sector. As a result, Urafiki, Ubungo, Mwanza and Musoma textiles industries are all under new ownership. Production of textile was 74,000 sq. metres in 2000 compared with 50,000 sq.m. in 1999; an increase of 48%.
    Private textile industries such as Sunflag and A-T Textiles (located in Arusha) as well as KTM of.
Posted by admin at Dec 27, 2011 5:25 AM Category: Business
Tags: tanzania textiles opportunity, cotton, private dar es slaaam, agoa,

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