Sunday, 28 August 2016

Cross River State's multi-billion naira garment factory is set to be commissioned shortly. (Photos)






This brainchild of Gov Ayade is a Public Private Partnership that
will see the British Govt provide financing to train workers, while
an Italian fashion design Company, core investors, will provide
technical expertise in order to turn the factory into a leading
exporter of fashion garments.

The factory will seek to target the lower end of the market - low
prices and high turnover. Under the African Growth and
Opportunities Act (AGOA), garments produced in Calabar can be
marketed in America.

The factory already has a few contracts with the army, police,
customs, immigration, prisons, Civil Defence, NYSC, and some
schools.

When the advert was made public, over 6,000 applicants were
received. It is expected that over 500 jobs will be created with
widows and women given preference.

Many more of these employment generating, revenue increasing
initiatives are needed across the nation.
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