Turkish textile and garment companies are planning to move their factories to Ethiopia, with the assistance of Ayka Addis Textile and Investment Group, a Turkish company that made the same move three years ago.
Ayka submitted a proposal for the relocation of several Turkish textile and garment companies to the Ministry of Industry which has been already accepted.Turkish textile factory MNS Manufacturing PLC has launched the first phase with an investment of over 1.2 billion birr, The Ethiopian Herald reported.
Turkish investors expressed their interest to partner with Ethiopian investors in areas of pharmaceuticals, cosmetics and detergents in a business meeting held with Ethiopian companies on June 9, 2015, according to Ethiopian News Agency.
The Addis Ababa Technical and Vocational Education and Training (TVET) Agency said it is constructing 11 training centers for six technical and vocational education institutes with an outlay of half a billion Birr.
The Ethiopian Ministry of Education said it has given due attention to technology transfer and producing skilled human power to realize the renaissance of the country, Ethiopian News Agency reported.
Speaking in a national technical and vocational education and training (TVET) conference held in Dire Dawa Saturday, Wondwesen Kifilu, Technical and Vocational Cluster State Minister said training youth in TVET is a priority for the remaining two years of the GTP period.
