Vlisco’s plan to invest in a Textile Park in Nigeria

Vlisco has been designing and manufacturing distinctive fabrics loved by African women since 1846. The specially crafted fabrics – Wax Hollandais, Super-Wax and Java.

Vlisco is to invest in a Textile Park in Nigeria.

Dutch textile and design company, Vlisco Group, on Tuesday, held high-level discussion with the Minister of Finance, Mrs Kemi Adeosun, over its proposed investment in the Nigerian cotton textile industry.

Its Chief Executive Officer, Mr David Suddens, who led the group’s delegation to the meeting with the minister in Abuja, said the investment would boost growth and create jobs across the entire value-chain from cotton to fashion.

He added that “Vlisco foresees an end-to-end involvement in the Nigerian textile industry from cotton sourcing to retail.

“We are expecting this investment to yield benefits for the Nigerian economy in terms of economic diversification and job creation in line with the country’s Industrial Revolution strategy.

“Vlisco Group’s activities are expected to generate more than 10,000 jobs in Nigeria in the medium

 

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