Ethiopian textile, garment sector on the rise: Ministry
13 Apr 18 2 min read
The Ethiopian textile and garment sector is rapidly expanding and playing a key role in boosting the country’s light industry and in transforming the economy, according to the country’s ministry of industry. The number of industries in this sector has more than doubled in the last few years to reach over 200, a top ministry official said recently.
The trend shows that the sector is in the right path to become the leading sector in Africa and turn the country into a continental textile hub in the coming years, Zerihun Abebe, director of textile and apparel research, monitoring and support, in the industry ministry told The Ethiopian Herald newspaper.
Government statistics show Ethiopia’s textile and apparel industry has grown at an average rate of 51 per cent and more than 65 textile investment projects have been licensed for foreign investors in the last five to six years.
The expansion and development of industrial parks, adoption of technology, an industrial culture and attractive investment incentives are helping the sector’s growth, Zerihun said.
The country now has a 15 year road-map to strategize cotton development by raising productivity and directing how the sector can be assisted and facilitated, he remarked. (DS)
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The trend shows that the sector is in the right path to become the leading sector in Africa and turn the country into a continental textile hub in the coming years, Zerihun Abebe, director of textile and apparel research, monitoring and support, in the industry ministry told The Ethiopian Herald newspaper.
Government statistics show Ethiopia’s textile and apparel industry has grown at an average rate of 51 per cent and more than 65 textile investment projects have been licensed for foreign investors in the last five to six years.
The expansion and development of industrial parks, adoption of technology, an industrial culture and attractive investment incentives are helping the sector’s growth, Zerihun said.
The country now has a 15 year road-map to strategize cotton development by raising productivity and directing how the sector can be assisted and facilitated, he remarked. (DS)
Fibre2Fashion News Desk – India
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