Turkish textile factory MNS Manufacturing PLC has launched the first phase with an investment of over 1.2 billion birr, The Ethiopian Herald reported.

The company has started production of carpet, towel, polyester, fiber-line home furniture (spring mattress and sofa) in its first phase production and it is expecting to finalizes second and third phases soon, according to the paper.

MNS Project Coordinator, Nursel Aslan said, "we are working very hard to finalize the whole project and make the investment generate income as quickly as possible. Investors should be bery committed to succeed in Ethiopia as we do. If you are suspicious you cannot be successful."

Asked about employment opportunities created by the factory, she said "so far we have employed 400 Ethiopians, which is increasing day by day. We didn't reach the peak. we have just started. This year, when the first and second phase go fully operational, we will have approximately 1,200-1,500 Ethiopian workers" she added.

Source: The Ethiopian Herald