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Chinese Garment Manufacturer Plans Textile Park in Nigeria

After announcing plans for a textile plant in Arkansas, the Chinese company Ruyi looks to Nigeria for its next production facility. 

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JINING, China-Shandong Ruyi Technology Group (Ruyi) signs a memorandum of understanding with government officials from the northern Nigerian state of Kano towards textile manufacturing. A report by Nigerian news outlet THISDAY says the agreement aims to establish a $600 million textile industrial park in the region.

The event took place at Ruyi company headquarters and featured both executives from the corporation as well as state representatives from Kano, explains the news publication. The agreement marks the biggest multi-million-dollar investment by the Chinese company in Africa. Ruyi also notes it may invest in other textile companies in Kano, as well as existing hydropower projects and solar-powered facilities.

The agreement furthers the company’s global expansion in the apparel and textile manufacturing sector. In May of 2017, Ruyi announced plans to invest $410 million in a yarn-spinning facility located in Forrest City, Arkansas. The organization hopes to add 800 domestic jobs with an estimated 200,000 tons of cotton production per year. Ruyi expects the stateside plant to go online in mid-2018.

The agreement also highlights a continued trend of large Chinese firms investing in Africa for textile and apparel manufacturing operations. Other recent developments include manufacturing agreements in Rwanda and Ethiopia for both footwear and apparel production. 

 

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Mike Clark

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