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Ethiopian textile sector turning into priority area for investment

Related Keywords: ample manufacturing opportunities, Bangladesh of Africa, Ethiopian textile industry, Growth and Transformation Plan, largest manufacturing industry, lion share of employment, priority areas for investment, production of textile and garments, spinning, weaving and finishing of textiles

The textile industry is the largest manufacturing industry in Ethiopia. There are a number of state-owned and private textile and garment factories. The industry contributes the lion-share of employment in the manufacturing sub-sector. Ethiopia is rightly christened as the ‘Bangladesh of Africa’.

Under the Growth and Transformation Plan, “production of textile and garments” besides leather products, cement industry, metal and engineering, chemical, pharmaceuticals and agro-processing are priority areas for investment.

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