Tuesday, February 21, 2023

ComatexSA Resumption soon according to the Minister in charge of Industry

mahmoud ould mohamed

By Mamadou SY Ségou, 13 Feb (AMAP) "April at the latest, the Compagnie malienne des textiles (COMATEX-SA) must start producing its fibers and fabrics", after three years of closure, declared the Minister of Industry and Trade, mahmoud ould mohamed during a working visit he made to the Region of Ségou (Centre) He assured that the resumption of the activities of COMATEX-SA, which has 1,300 workers, will allow the maintenance of existing jobs and even the creation of others.

During his stay in the capital of the Balanzans, Minister mahmoud ould mohamed met many interlocutors whom he informed of the measures taken by the government and those in progress for the revival of this industrial unit These measures relate to the development of a performance contract, the rereading of the company's statutes, the appointment of a trustee by the Commercial Court, the payment of salary arrears and the establishment of a monitoring committee.

Minister Mahmoud Ould Mohamed, for example, indicated that after the trial before the Commercial Court, the State now holds 100% of the shares of the company, that is to say that it becomes a company again state.

Mali's first textile factory inaugurated in 1968, COMATEX was a state enterprise, before being transformed into a private company with majority Chinese participation Its revival and that of the Malian Pharmaceutical Products Factory (UMPP) “are special programs of the President of the Transition, Colonel Assimi Goïta, who is strongly attached to it.

COMATEX participates in the development of the national production of cotton fiber within the framework of the implementation of the industrial development policy by the creation of added value and jobs", underlines the press release of the Council of Ministers of Wednesday, November 23, 2022 During this Council of Ministers, the Minister of Economy and Finance, Alousséni Sanou, informed the Council of the recovery plan for COMATEX, which is currently facing difficulties of various kinds To help it get out of this bad patch, the government has fine-tuned a recovery plan which requires a financial contribution from the State of around 6 billion CFA francs.

Mali and its Chinese partner signed, on November 21, 2022, a memorandum of understanding for the installation of two cotton spinning units, i e.

three days before the adoption of this recovery plan by the Council of Ministers These units will be located in Bamako and Koutiala.

The realization of this project, entrusted to the Chinese company "Qingdao", requires an investment of 300 million dollars, or about 180 billion cfa francs It will enable the creation of 5,000 direct jobs and 50,000 other indirect ones.

Known as the Malian Spinning Company (SOMAFIL), its capital is 85% owned by the State of Mali through the Malian Company for the Development of Textiles (CMDT) and 15% by the Chinese partner The Koutiala unit will have a capacity of 20,000 tonnes of cotton fiber per year to be transformed into net.

That of Bamako will, annually, transform approximately 25,000 tons of cotton fiber The objective is to bring the rate of transformation of cotton from 2% today to nearly 10% and the enhancement of "Made in Mali".

At the end of the 2021-2022 cotton campaign, Mali recorded a record production of 795,000 tons of cotton "The next step was to transform this cotton here at home and to capture the 30% of the added value that escaped us", declared the Minister in charge of Finance, during an interview on national television.

In this process, the Research and Training Center for the Textile Industry (CERFITEX) is "an indispensable tool and constitutes the technical arm of the Minister of Industry and Trade for the effective implementation, monitoring of these projects and the provision of qualified human resources” This structure of excellence will soon become the Research and Training Center for Light and Textile Industries (CERFILTEX), intended to train more qualified human resources to support cotton production with dynamic processing units in order to exploit all opportunities.

of growth The necessary texts for this purpose were adopted during the Council of Ministers of December 28, 2022.

It was last September that the President of the Transition, in his speech to the nation, announced the takeover of many companies The revival of COMATEX falls within this framework.

This Company ceased production due to cash flow and raw material supply difficulties Production equipment is also obsolete.

MS/MD (AMAP) intended to train more qualified human resources to support cotton production with dynamic processing units in order to exploit all growth opportunities The necessary texts for this purpose were adopted during the Council of Ministers of December 28, 2022.

It was last September that the President of the Transition, in his speech to the nation, announced the takeover of many companies The revival of COMATEX falls within this framework.

This Company ceased production due to cash flow and raw material supply difficulties Production equipment is also obsolete.

MS/MD (AMAP) intended to train more qualified human resources to support cotton production with dynamic processing units in order to exploit all growth opportunities The necessary texts for this purpose were adopted during the Council of Ministers of December 28, 2022.

It was last September that the President of the Transition, in his speech to the nation, announced the takeover of many companies The revival of COMATEX falls within this framework.

This Company ceased production due to cash flow and raw material supply difficulties Production equipment is also obsolete.

MS/MD (AMAP) The necessary texts for this purpose were adopted during the Council of Ministers of December 28, 2022 It was last September that the President of the Transition, in his speech to the nation, announced the takeover of many companies.

The revival of COMATEX falls within this framework This Company ceased production due to cash flow and raw material supply difficulties.

Production equipment is also obsolete MS/MD (AMAP) The necessary texts for this purpose were adopted during the Council of Ministers of December 28, 2022.

It was last September that the President of the Transition, in his speech to the nation, announced the takeover of many companies The revival of COMATEX falls within this framework.

This Company ceased production due to cash flow and raw material supply difficulties Production equipment is also obsolete.

MS/MD (AMAP) This Company ceased production due to cash flow and raw material supply difficulties Production equipment is also obsolete.

MS/MD (AMAP) This Company ceased production due to cash flow and raw material supply difficulties Production equipment is also obsolete.

MS/MD (AMAP).

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