The government will by 2020 revive Nanyuki-based Mount Kenya Textiles (Mountex) and Kisumu Cotton Mills (Kicomi) at a cost of Sh1 billion, Trade and Industry minister Peter Munya says.
The government has so far kicked off feasibility studies on the two facilities that collapsed in the 1990s on Bretton Woods institutions-imposed Structural Adjustment Programmes (SAPs) that demanded Sub-Saharan countries free markets to international competition.
