TEXTILES
A textile manufacturer from the Czech Republic is to build a state-of-the-art manufacturing facility in Atlantis, in the Western Cape, in a R1-billion investment that would create hundreds of jobs for local residents, Wesgro said on Tuesday. The Western Cape’s tourism, trade and investment promotion authority and Into South Africa, an investment advisory firm, plan to make an official announcement on Wednesday about the investment by Pegas Nonwovens, a Czech nonwoven fabrics manufacturer.
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