Malawi Confederation of Chambers of Commerce and Industry (MCCCI) will launch the Garments and Textiles Incubation Centre at Chichiri Trade Fair Grounds on October 19, 2018.
Director Business Environment and Policy Advocacy, Madalitso Kazembe said, the objective of establishing the center is to enhance competiveness of micro-small- and medium sized enterprises (MSMEs) through sector cluster development in order to promote innovations and competitiveness through establishment of Incubation Centers.
“MSMEs are constrained by inadequate skills, inappropriate technology and limited access to finance which this project intends to address in a pragmatic and practical way” said Kazembe.
She said, to achieve the objective, COMESA through the facility provided support for the preparation and installation of value addition equipment for the incubation Centre.
Said Kazembe: “MCCCI has now completed the installation of the value addition equipment for the operation of the Garments and Textile Incubation Centre within the Chichiri Trade Fair Grounds,”
MCCCI through Ministry of Industry Trade and Tourism collaborated with COMESA to implement a cluster project on Textiles and Garments under the framework of Technical Cooperation Facility of the European Union.
COMESA has been working with member states to promote value addition in the sub sectors of the economy operated by (MSMES) as a mechanism of boosting job creation and intra region trade to compliment Governments efforts to develop a vibrate private sector.