Construction of one of
Africa''s largest textile production
facilities, named ‘TAYAL SPA’, was flagged off recently by Algeria''s industry
and mines minister Youcef Yousfi in the north-western Relizane province. Forty
per cent of the production at the $1.5-billion Turkish-Algerian joint venture
will cater to the domestic market while the rest would be exported.
The facility will be built in three phases on 2.5
million square-meters in the Sidi Khettap industrial zone in Relizane by the
Algerian government and the Taypa textile company of the Turkish Tay Group,
according to an Algerian news agency. Taypa has 49 per cent share of the
facility while the Algerian government owns 51 per cent.
The first stage, comprising eight production
units, a textile school, will employ 10,000 people. On completion, it is likely
to employ 25,000 and annually produce 60 million meters of denim fabric and 30
million pieces of garments. The
second stage includes 10 factories that will produce readymade garments,
industrial fibres, denim, and knitted and woven fabrics. Turkey exports nearly $30
billion worth of textiles and apparel annually.
Source: Hurriyet Daily News, Turkey Thursday, 18 January 2018