Tanzania China Friendship Textile Company

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The Tanzania China Friendship Textile Company, located in Dar Es Salaam, Tanzania, is a textile producer originally founded as Friendship Textile Mills Limited, by the Tanzanian government with assistance from the People's Republic of China during a period of socialism in the former country. It is the first plant in Tanzania built with Chinese aid, and also the largest textile mill in the country.[1]

The company was established as a Parastatal (Public Company), but following economic reforms in Tanzania it is owned privately, with Chinese investors holding the most shares.

[edit] References

  1. ^ China-Tanzania friendship


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