Dear editor,

A plan by Usine Textile du Rwanda (Utexrwa) to produce commercial silk fabrics by next year is a very promising move.

It sets a foundation and vision for other private investors especially those interested in the promotion of Rwandan based manufacturing industries.

With its intended investment of $5 million, and being the only textile company in the country, it opens the room for other entrants.

Given that the machines to do such tasks have been imported, labour trained and samples of silk fabrics made, reflects a safe investment environment in Rwanda.

Once all constraints are addressed and full capacity begins, Utexrwa management targets an export sales turnover of about $15-20 million per annum in the next four to five years.

This is a great deal, which other investors should not miss, as the industrial players say Rwanda will become a leading silk producer in the region.

Kicukiro-Kigali