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Related Keywords: create jobs, demonstrating commitment in investing, Ethiopian government, garment technology, GTP II, knitting and trainings, laboratory facilities, plan to increase export, second Growth and Transformation Plan, spinning, technology transformation, textile and garments sector. one billion USD, weaving

The Ethiopian government’s second Growth and Transformation Plan II (GTP II) has a plan to increase the export from the textile and garments sector by one billion USD by the end of GTP II. The government is demonstrating commitment in investing in the sector. The sector is also expected to create more than 300,000 jobs during the plan period.

Related Keywords: boost exports, capitalize on manufacturing, create employment, Ethiopian government, improve textile sector, Industrial park, industrial zone, major manufacturer, opened textile park in Hawassa, planning investment, target to increase textile exports

The Ethiopian government to improve its textile sector and boost exports is planning to make investment to the tune of US$1bn in industrial parks over the next decade. This will help enhance the country’s overall position as a major manufacturer.

Arkebe Equbai, special advisor to the Ethiopian Prime Minister said that in terms of industrial development and manufacturing development, they want to make Ethiopia number one in Africa.

Related Keywords: boost production of manufacturing industry subsector, duty free importation of machineries and equipment, Ethiopian government, extends attractive intensive package, major exporter of textile products, make nation, Textile industry development institute

The Ethiopian government extends attractive incentive packages to boost production of the manufacturing industry subsector in an attempt to make the nation a major exporter of textile products.

The government's incentive is provided for private sectors so as to attract more investment in the sector with 100 percent duty free importation of machineries and equipment.

Related Keywords: Chinese firm, engaged in manufacturing, Ethiopian government, expansion of textile and garment factory, investment over USD 15 million, Oromia state, Shaoxing Mina Textile Company

Shaoxing Mina Textile Company a Chinese company decides to make investment of over 15 million USD to expand its textile and garment factory at Sebeta Town, Oromia State which upon completion would create 5,000 jobs.

President Dr. Mulatu Teshome in a discussion with Company CEO Chang Jun held last Wednesday, said that the government is keen to support investors engaged in manufacturing industries.