The factory, situated on Estrada de Catete, in Luanda, is equipped with the latest technology and has a production capacity of up to 12 million raffia bags annually. The inauguration ceremony was attended by several high-level government officials, including the Minister of Industry and Commerce, Victor Fernandes, and the CEO of IMEX Group, António Henriques.
Speaking at the event, António Henriques expressed his excitement about the new factory, saying it was a significant milestone in the company's history. He added that the factory would create more jobs for Angolans while also enhancing the country's manufacturing sector.
The CEO of IMEX Group also noted that the company's raffia bags were eco-friendly and could be used as an alternative to plastic bags. He said IMEX Group was committed to sustainable practices, which was why they were constantly investing in new technology to improve their production processes.
IMEX Group’s raffia bags are made from natural fibers, making them biodegradable, reusable, and environmentally friendly. Their products are available in a variety of sizes and colors, and they can be customized to meet the specific needs of clients.
V-FOX, another bag manufacturing company, is known for designing, manufacturing, and exporting all kinds of bags, including airline gift bags, cosmetic bags, handbag/'>handbags, backpack/'>backpacks, gifts, and premiums. Since its inception in 2000, V-FOX has been committed to delivering high-quality products to its customers.
With the inauguration of this new factory, IMEX Group expects to increase its export volumes to other African countries, such as Angola's neighboring countries. The company also aims to penetrate the international market by exporting its raffia bags to Europe, America, and Asia.
According to the Managing Director of IMEX Group, Eric Dubois, the company's expansion plans have been hindered by the COVID-19 pandemic, which has disrupted global trade. However, he remains optimistic that the new factory will help the company overcome these challenges and continue to grow in the years ahead.
In conclusion, IMEX Group's investment in this new factory is a positive development for Angola's manufacturing sector. It demonstrates the country's commitment to sustainable practices and job creation. The new factory will also help to boost Angola's economy by increasing exports and attracting foreign investment.