Rwanda is officially joining silk producing countries in June this year following a successful installation of the Silk reeling factory at Kigali’s Special Economic Zone.
The Silk Reeling factory is owned by HEWorks Ltd, a Korean firm which in 2016 signed a memorandum of understanding with National Agricultural Export Development Board (NAEB) to stimulate Rwanda’s silk sector.
The factory will be buying all the cocoons from local sericulture farmers and process them into silk yarn for export.
On Wednesday, Gerardine Mukeshimana, Agriculture Minister, Gen. James Kabarebe, conducted an an inspection visit on the status of the factory’s operations.
The officials were impressed by the progress made by HEWorks Ltd towards making the factory fully operational.
“This first silk factory in Rwanda has the capacity to process 60 metric tons of dried cocoons to raw silk and silk sheets every year. The factory will be officially launched in June 2019,” NAEB said.
The investor said in 2016 hoped to generate about $50 million in silk exports per year by 2020.
About $5 million has been invested in the construction of this factory while another $5 million will be injected in silk farming development.
Silk farming will target nearly 10000hectares involving 5000 farmers across Rwanda and so far 40 pilot sericulture cooperatives are operational countrywide.
Barnabas Heechoon Yang the company CEO said his company targets to set up six garment factories in different provinces of the country to produce locally-made silk clothes.