Ethiopia’s Textile and Garment Exports Remain Disappointing - News Summed Up

Ethiopia’s Textile and Garment Exports Remain Disappointing


Ethiopia’s Textile and Garment Exports Remain DisappointingAugust 13, 2017 - Ethiopia's textile and Garment sector export revenue during the Ethiopian Fiscal Year 2016/17 that ended on July 8 only achieved a third of planned revenue. Despite this performance, Ethiopia has plans to become the top textile manufacturing country in Africa. It in particular Ethiopia had its ambitions set on the Hawassa Industrial Park, located in southern part of Ethiopia, to revolutionize its budding textile and garment sector. However, the Ethiopian ministry of Industry said a lag in commissioning of some textile and garment plants in the Hawassa Industrial Park contributed to the disappointing export result of Ethiopia’s textile and Garment sector. Built by China Civil Engineering Construction Corporation, Hawassa Industrial park was inaugurated in July 2016; with already 18 companies having started operations inside the industrial park.


Source: Ethiopian News August 13, 2017 10:07 UTC



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