Today I feel greatly delighted to have inaugurated the ADMARC Ngabu Ginnery in Chikwawa which will help and ensure that smallholders around this agricultural area have ready market for their cotton and in turn this will stimulate production and increase incomes into many of our farmers.
As you are all aware, growing and exporting raw cotton would not be of much benefit to this economy because value-addition will accrue to cotton importing economies. Therefore the establishment ofADMARC Ngabu Ginnery provides the opportunity for us to fill the gap in the cotton value-chain through ginning so that other entrepreneurs can invest in spinning, weaving and apparels.
I believe that cotton has the potential to transform this country within a short time in the light of its multifaceted nature where everything can be utilised and transformed; the lint can be used for textiles and clothing while the seeds can be used for edible oil and animal feed production. Moreover, most of the industrialised countries we see today started their industrialisation process by processing cotton into textiles and clothing for both the local and export markets. This is why my Government remains committed to the development of the cotton/textile industry.
I am equally feeling so much happy to learn that the number of smallholder cotton growers countrywide has increased to about 400,000 in 2012/13 season from 150,000 five years ago. Cotton production has also increased to 100,000 metric tonnes from 40,000 metric tonnes during the same period. This means that the rural farmers have increased income and employment opportunities which is part of my government's economic recovery plans.
Thank you all for your support and prayers
May God bless you all.
Dr Joyce Banda
President
Republic of Malawi
-- As you are all aware, growing and exporting raw cotton would not be of much benefit to this economy because value-addition will accrue to cotton importing economies. Therefore the establishment ofADMARC Ngabu Ginnery provides the opportunity for us to fill the gap in the cotton value-chain through ginning so that other entrepreneurs can invest in spinning, weaving and apparels.
I believe that cotton has the potential to transform this country within a short time in the light of its multifaceted nature where everything can be utilised and transformed; the lint can be used for textiles and clothing while the seeds can be used for edible oil and animal feed production. Moreover, most of the industrialised countries we see today started their industrialisation process by processing cotton into textiles and clothing for both the local and export markets. This is why my Government remains committed to the development of the cotton/textile industry.
I am equally feeling so much happy to learn that the number of smallholder cotton growers countrywide has increased to about 400,000 in 2012/13 season from 150,000 five years ago. Cotton production has also increased to 100,000 metric tonnes from 40,000 metric tonnes during the same period. This means that the rural farmers have increased income and employment opportunities which is part of my government's economic recovery plans.
Thank you all for your support and prayers
May God bless you all.
Dr Joyce Banda
President
Republic of Malawi
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