The PIA said in a media release that the TCC is expected to export $ 40 million worth of products annually and create 2,000 direct jobs.
Construction of the garment unit will begin in November 2021 and will begin operations in May 2022.
Textile company ITCRmg will establish the Togo Clothing company (TCC) in the Adetikope Industrial Platform (PIA), a public-private partnership between the Republic of Togo and Arise Integrated Industrial Platforms (IIP). The unit, which will be installed with a total investment of $ 35 million, will be equipped with 750 flat knitting machines.
TCC will be part of PIA’s state-of-the-art sustainable textile park, with traceable cotton supplies, renewable energy (including solar panels), best-in-class logistic infrastructure and services along the cotton value chain. To provide.
The TCC meets the highest social and environmental standards and creates a groundbreaking sustainable model for West African textiles. Production price competitiveness is expected to match international competitors such as India, Bangladesh, Cambodia and China, the release said.
“The establishment of the Togolese clothing company is an important milestone for the recently launched Adeticope industry platform. This success is in line with the president’s vision of positioning Togolese as a regional hub for the textile industry. The results show what bold and agile investors can do in Togo. ” Sani Yaya, Finance Minister Togo..
“The Togo Closing Company is a breakthrough for both Togo and ITCRmg. This new manufacturing facility will create thousands of jobs locally, with a particular focus on women’s empowerment. Increasing margins and reducing carbon footprint will be immediate highlights of the project as part of a sustainability initiative resulting from technical training in manufacturing, skill development, and rationalization of the local supply chain. ” .. Zahir Sait, CEO of ITCRmg.
ITCRmg has a proven track record in manufacturing knitwear and dealing with global buyers such as Ellesse, Beverly Hills Polo Club, Kappa and Louis Philippe.
Fiber2Fashion News Desk (KD)
ITCRmg establishes TCC knit garment manufacturing unit in PIA, Togo
Source link ITCRmg establishes TCC knit garment manufacturing unit in PIA, Togo