Belgian textile co. Sanders Int invests R200mn in Coega Industrial Dev Zone
24 May '05
2 min read
Fire retardant fabrics, for the automotive and transport industry, such as ocean liners and aircraft, and interior decoration for the hospitality industry, all in the high end segment will be manufactured by the plant.
African textile industry has been facing torrid time, what with expiry of textile quotas this January, compounded by the surge in Chinese textile importation leading the industry to the brink.
The Sanders International RSA investment has just come at the right time in the CDC to bring much relief and cheer for the entire continent, as well as for CDC itself.
marketing@alchempro.com
