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Country the company invests 500 million dollar in Ethiopia spinnery

Published on:2014/11/4 13:17:58

Keyword:Spin company, female outfit, hand-me-down, weaving, textile, research, textile industry, the market, printing, weaving
Introduction:In basis " Asian spin is allied " report shows, the purpose that company of spin of Jiangsu couplet hair plans to build a main spinnery in the Ethiopi...

In basis " Asian spin is allied " report shows, the purpose that company of spin of Jiangsu couplet hair plans to build a main spinnery in the Ethiopia is more adjacent finished, after the investment that passes earlier stage plans, the plan that predicts to invest 500 million dollar to build a plant was knocked in September calm.

This plan that Saiebiya invests a Yu Ai, it is the decision that makes after evaluating Kenya, Uganda to follow Tanzania. The pursue spin business that this enterprise has been in our country, after including spinning, coloring, weaving, printing to reach, arrange.

This spin company was the delegacy of colonel to visited an Ethiopia in August with its president Kong Xiangiun, follow include this country presidential Mulatu Teshome inside governmental official meeting. Ethiopia government makes known his position to will give enough support to delegacy, this country textile industry is the 3rd big manufacturing industry of countrywide, this a source of industrial export income continue to increase.

Ethiopia spin industry grows an academy (prismatic radiance of ETIDI) spokesman BantihCS-2000 plan Un Gessese makes known his position, "Because we give foreign investor to include the cheap electric power, duty-free privilege that imports to textile exit and machinery, cheap labor cost,follow good land to apply the advantage such as authority, this company already decided to invest in the Ethiopia. This company already decided to invest in the Ethiopia..

If this spin proprietor of an enterprise exports smooth weaving and hand-me-down product, include to follow female outfit formally with recreational men's clothing, staple market is North America, European Union, southeast Asia, South America follows our country mainland.


Keyword:Spin company, female outfit, hand-me-down, weaving, textile, research, textile industry, the market, printing, weaving

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