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Shan Tex Exports First Batch of Products from Ethiopia's Bole Lemi Industrial Park

shantex-sweaters.jpgShan Tex Manufacturing Ethiopia has started exporting products from Ethiopia's Bole Lemi Industrial Park. The company has exported its first round of over 45,000 sweaters to the Italian market.

Shan Tex's textile and clothing manufacturing facilities rest on ten hectares within Bole Lemi Industrial Park, on which the company has invested $65 million.

The company has secured over $80,000 from the 45,000 sweaters it has exported.

Shan Tex exports over 90 percent of the textiles and clothes it manufactures while availing the rest to the local market. Moreover, the company has created employment for over 500 workers. 

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Source (Including Image): Industrial Parks Development Corporation