The Compagnie malienne pour le développement des textiles (CMDT), created in 1974, is a

Mali Mali (; ), officially the Republic of Mali,, , ff, 𞤈𞤫𞤲𞥆𞤣𞤢𞥄𞤲𞤣𞤭 𞤃𞤢𞥄𞤤𞤭, Renndaandi Maali, italics=no, ar, جمهورية مالي, Jumhūriyyāt Mālī is a landlocked country in West Africa. Mali ...

cotton Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus ''Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor perce ...

company. The company is owned by the Malian state and is charged with the production and marketing of Mali's cotton. It is based in

Bamako Bamako ( bm, ߓߡߊ߬ߞߐ߬ ''Bàmakɔ̌'', ff, 𞤄𞤢𞤥𞤢𞤳𞤮 ''Bamako'') is the Capital city, capital and largest city of Mali, with a 2009 population of 1,810,366 and an estimated 2022 population of 2.81 million. It is located on t ...

and has several production sites through the country, in particular at

Koutiala Koutiala ( Bambara: ߞߎߕߌߊߟߊ tr. Kutiala) is a city in Mali in the administrative region of Sikasso, and is located 140 km north of the city of Sikasso. Koutiala serves as the capital of its administrative Cercle, home to 575,253 peop ...

and

Fana Fana is a borough of the city of Bergen in Vestland county, Norway. The borough makes up the southeastern part of the municipality of Bergen. The borough was once part of the historic municipality of Fana which was incorporated into Bergen in ...

. Partially privatized (the ''Compagnie française pour le développement des textiles'' holds a part of the shares), its total privatization was originally scheduled for 2008. This privatization, required by the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...

is opposed by many Malian farmers. The

Forum des peuples The Forum des peuples is an annual demonstration organized since 2002 in Mali by the ''Coalition des alternatives africaines dettes et développement (CAD-Mali)'' joining together the alter-globalists of the developing countries. Joined together a ...

, which had a meeting in Fana in July 2005, also launched a petition demanding the abandonment of the privatization plan. As of early 2017, the company remained largely in government hands, with the Malian state owning 61% of its assets. On June 18, 2005 the CMDT inaugurated a new factory, with a capacity of 230 tonnes per day, in Ouéléssébougou, in the industrial zone of the ''Office de la haute vallée du Niger'' (OHVN). With this new factory the total capacity of the CMDT reached 575,000 tonnes of fibre per annum.

References

External links

Compagnie malienne pour le développement des textiles - Official site

Textile companies of Mali Companies based in Bamako Government-owned companies of Africa {{Mali-stub