Source: Xinhua| 2017-08-12 18:01:39|Editor: ZDVideo Player CloseADDIS ABABA, Aug. 12 (Xinhua) -- 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. It in particular had its ambitions set on the Hawassa Industrial Park, 275 kms south of Addis Ababa to revolutionize its budding textile and garment sector. However, the ministry said a lag in commissioning of some textile and garment plants in the Hawassa Industrial Park contributed to the disappointing export result of the 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. Six of them are currently exporting their textile and garment products to the global market.

Source: Ethiopian News August 12, 2017 10:14 UTC