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Ayke Textile plans 1bn Birr investment to expand its textile capacity

Related Keywords: Ayka Textile, textile production capacity

Ayka Textile, a vertically integrated textile manufacturer, covering spinning, knitting, dyeing and sewing originally from Turkey moved to Ethiopia to stay competitive on the global market with an investment of 140 million dollars and build a vertically integrated subsidiary the Ayka Addis Group, which is operational since 2010. The group has planned one billion Birr investment plan to expand its textile production capacity and thus boost its exports.

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