The Eswatini Investment Promotion Authority (EIPA) and Far East Textiles are urging more entrepreneurs to increase their participation in the textile industry. The two organisations recently hosted interested parties at a factory visit where visitors toured the factory production line and given pointers on how to open and run financially-viable textile businesses.
Based in Matsapha, Far East Textiles is one of the biggest textile firms in Eswatini (formerly called Swaziland) and is managed by Business Women of Eswatini (BWE) chairperson Tokky Hou.The Eswatini Investment Promotion Authority and Far East Textiles are urging more entrepreneurs to increase their participation in the textile industry. The two organisations recently hosted interested parties at a factory visit where visitors toured the factory production line and given pointers on how to open and run financially-viable textile businesses.#
Investing in the textile sector will help the economy steer its focus to being export-driven and private sector-led as has been highlighted in the Post COVID-19 Economic Recovery Plan released by government, Khanyisile Dlamini, EIPA senior executive manager, investment promotion, was quoted as saying by a newspaper in the country.
There has been an increase in cut make trim (CMT) orders that has resulted in producers not being able to satisfy the delivery of orders in line with market demand, said Tokky Hou, managing director of Far East Textiles.
Fibre2Fashion News Desk (DS)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
