Business Opportunity Report Ethiopia - Textile & apparel Industr


2016-07-08 10:58:29
Description

Ethiopia’s economy is primarily based on agriculture but over the last 5 years the government has been determined to diversify the exports with a priority set for strategic sectors like light manufacturing, textile- and garment manufacturing. The Ethiopian textile – and apparel industry has huge potential and has grown an average of 51% over the last 5-6 years. With a key focus on Foreign Direct Investments (FDI) the government is driven to open up their textile- and apparel market to mid- en large scaled foreign investors. Retailers like H&M, Primark and Tesco have established offices in 2012 and are buying clothing- finished products- from Ethiopian manufacturers. For smaller scaled textile industry companies the sector however offers large potential as well. Half of Ethiopian textile- and apparel companies are SME’s of 500-1000 workers that are able to handle small run orders for Dutch and European mid segmented fashion retailers.

email Newsletter

Business Opportunities

View All

Latest Jobs

View All
language Sponsored by
African Development Bank