Africa-Press – Angola. Moving at a fast pace since it was reprivatized in 2021, the Textang II textile factory aims to conquer the Angolan market with national fabrics and expects to reach a turnover of 30 million euros next year.
To this end, certain conditions will have to be met, as explained by the executive president of Alcaal,Jorge do Amaralo, of the Argentine group that took care of the factory under the Executive’s Privatization Program, through a management contract with the company. Investments and Participations (IEP).
“We are still a long way from reaching the factory’s maximum production capacity”, admits the executive president of Alcaal quoted by Lusa.
The factory currently produces more than 50,000 meters of fabric/month, but can produce up to 800,000 meters of fabric/month, a goal that Jorge do Amaral hopes to achieve next year, doubling the number of workers, from the current 250 to 500 workers, and starting to work 24 hours a day, divided into three shifts.
The goal is to reach 10 million meters of fabric produced in 2023, he underlines, during a visit to the Textang II factory, in Cazenga, in Luanda.
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