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Ethiopia Promises Free Lands To Tirupur Garment Manufacturers

 
The Ethiopian government is eyeing on investments from Tirupur garment industry to set up their manufacturing plant there.

 An Ethiopian delegation led by Tadesse Haile, the State Minister (Exports, Investment) in Economic Section at Ethiopian Prime Minister’s Office, has extended an offer of providing free land for Tirupur garment exporters to set up units if they were ready to invest in a dedicated locality.

It is also reported that already one unit from Tirupur had set up production facilities in Ethiopia and another unit is in the process of starting production. Some of the leading groups like Raymond, among others from the country, too have units in Ethiopia.

Abebe Abebayehu Chekol, the Deputy Commissioner of Ethiopian Investment Commission, who accompanied the Minister, said a speed train service connecting Ethiopian capital of Addis Ababa with the Djibouti port had been commissioned recently, covering 700 km in seven hours.

The service facilitates speedy transfer of cargoes to various destinations across the globe as Djibouti was well connected to major countries. Haile added that the textiles has been identified as “priority sector” in the Industrial Development Strategy of Ethiopia and majority of the spending in the country was towards infrastructure like telecom and roads.

“Growth rate in Ethiopia has been going steadily over 10 per cent of the Gross Domestic Product (GDP) for a decade, which is a reflection of the economy”, he said.

Knitwear Tech Expo:

The four-day knitwear technology fair, organised by Hi-Tech International Trade Fair India had attracted manufacturers of knitting, compacting and dyeing machines, apparel accessories, and technology solutions from as many as 23 countries. More than 200 stalls were set up in the fair arena. An attraction this year was equipment developed using indigenous technologies like the ones meant for knitted fabric dyeing were on display apart from the imported appliances.

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Tirupur’s Dyeing Industry far from death