Jiangsu Sunshine Group, a Chinese manufacturer, intends to construct a textile plant in Ethiopia at a cost of 350 million USD.
In the aim of boosting the country’s textile industry and making the nation Africa’s textile industry hub, Ethiopia is using the sector as a bridge for economic development.
The textile plant is planned to be installed in Adama Industrial Park. Once it starts operation it will have production capacity of 10 million meters of worsted wool fabrics and 1.5 million finished parts.
The Chinese manufacturer has annual production capacity of 35 million meters of superfine worsted wool Fabrics and 3.5 million sets of men’s suits and women’s wear.
It is also the only Chinese textile manufacturer that won honorable title of ‘World Brand' and 'Garment Export Inspection Exemption'.
In the past few years Ethiopia has managed to attract different foreign companies which operate in the textile and clothing sector. This includes the Turkish textile giant Akber and Taiwanese George Shoe Corporation.
Source: Yarn and Fibers
