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South Africa:Wesgro to set up denim wash plant,
boosts the clothing and textile sectors |
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2005-3-3
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A R5 million investment promised by Wesgro, the Western Cape Trade and Investment Promotion Agency is likely to have a positive impact on the Western Cape’s Clothing, Textile and Manufacturing Sector.
This is through setting up of a Chinese owned denim garment washing plant at Parrow by Recently, strong Rand, cheap textile imports from China and other countries and elimination of textile quotas have compounded the problems of the Western Cape’s Clothing, Textile and Manufacturing sector. The result is visible in the fact that many textile and clothing manufactures have downed their shutters.
But all said and done, the Western Cape remains an attractive investment location for foreign investors as the recent R 5 million investment by a Chinese Company has exhibited so far.
Informing about the establishment of the wash plant, Joyce Cheung from Wesgro’s Investment and Promotion department said that the plant “Vintage Wash Pty Ltd” specialises in the dying and washing of denim garments. Cheung said the reason that the owners decided to establish their operations here was due to the fact that they identified a skills gap in the local market.
Cheung said that Western Cape’s competitive advantage in the clothing industry lies in the manufacturing of garments targeting the high end of the retail market. The present small scale of the local Clothing, Textile and Manufacturing sector the Western Cape finds absence of advanced skills and technology as our Western counterparts.
China is the world’s biggest clothing manufacturers and boasts an advanced skills workforce, Cheung said the establishment of the plant would result in a much needed transfer of technology and skills which will provide the Clothing, Textile and Manufacturing sector to maintain its competitive advantage.
Local manufactures will be able to add value to their current products as the specialised denim garment washing and dying process increases the retail value of garments including creation of 25 jobs, which as per Cheung, is a further proof that the Western Cape continues to remain an attractive business location. |
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