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DBL Group plans to invest $100m to set up garment factory in Ethiopia

Related Keywords: African nation to US markets, AGOA for African LDCs, bring back a substantial foreign currency, DBL Group, debt-funded venture of DBL, encouraged by duty benefits for exports, GSP scheme, next ten years provide zero duty benefits on export, plan to invest USD hundred million, set up integrated garment factory in Ethiopia, strengthen exports

DBL Group, a diversified business entity which has vertically integrated textile and apparel manufacturing facilities and a leading apparel exporter, encouraged by duty benefits for exports from the African nation to US markets plans to invest $100 million to set up an integrated garment factory in the Tigray region of Ethiopia.

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