The investment according to the Japanese firm would increase export earnings. The company also plans to set up a fully-fledged textile industry in the country.
Komiya requested for government cooperation in the their proposed venture.
As with most countries in Africa , the bulk of Tanzania's cotton production (in excess of 70 per cent) is exported as lint. Textile and garment manufacturing is one of the key sectors outlined in the national government's Integrated Industrial Development Strategy.
The company initiated a move to ensure cotton produced within the country is not exported as a raw material rather exported as a processed good.
The majority of the mills in Tanzania are involved in the production of Kitenge and Kanga cloth, which is sold to wholesalers on the local market.
The cloth is then sold by wholesalers to outlets and traders who distribute the products to Mozambique , Malawi , Rwanda , Burundi andUganda .
The production of mosquito nets in Tanzania has also been an enormous success, in that the nets are now exported throughout Africa .
Tanzania Cotton Board's acting Director General, Gabriel Mwalo said the investment was initially planned for Morogoro Region but the company failed to secure land for its designed project. He said Nitori will introduce an out-grower scheme.
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