Mozambican government calls for tax exemptions to re-launch textile industry – Maputo, Mozambique, 13 July
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Fernando noted the importance of attracting investors to the sector, which used to be one of the country’s most dynamic, whilst speaking to journalists after a visit to Texlom, which was Mozambique’s largest company in the textile sector before closing in the 1990s.
After a stoppage of some 15 years, Texlom, now known as Moztex, is due to start operating again at the end of August, as a result of an investment of US$2 million carried out by the Aga Khan Foundation for Development.
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