(Ecofin Agency) - This month, the textile company Rivatex East Africa Limited, based in Kenya, will launch the modernization of its Eldoret-based production plant in Rift Valley, Business Daily Africa reports.

The project estimated at KSH3 billion ($30 million) was initially announced to start in June 2017. Once completed, it should increase the company’s production capacity from 10, 000 bales of cotton per year to 70, 000 bales a year.

In the framework of the plant’s upgrade, the Indian company Lakshmi Machine Works (LMW), one of the leaders of the industry will install new machines.

On a social level, the renovation of the plant is expected to generate 10,000 new jobs.