News Tags

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: dye cotton, HongKong investors, Huafu, Industrial park, Japan, Nam Phuong Textile Company, produce yarn, Singapore and Taiwan, textile project, TPP, Vietnam textile and dyeing projects, Vietnamese Ministry of Planning and Investment

Hong Kong investors have increased their investments in textile and dyeing projects in Vietnam in anticipation of cashing in on new opportunities when Vietnam joins the Trans-Pacific Partnership (TPP) and has move up to second position among biggest investors in Viettnam in 2014.

Related Keywords: Industrial park, Taiwnese group, textile mill, Vietnam textile industry

Tai Yuen Co. Ltd, a subsidiary company of the Taiwan-based Yunlon Group, who operates from the upstream to downstream vertically from spinning, dyeing to garment business has part of its expansion plan will be constructing a textile mill in Dong Van II Industrial Park, Duy Tien district, Vietnam on around 24 hectare of land. This will be the first textile mill with an investment by the Taiwanese group in Ha Nam province of Vietnam.

Related Keywords: Industrial park, textile export

Pakistan government is working out all measures to take complete advantage of the GSP plus status given to them by European countries. One of measures taken is setting up industrial parks. The Pakistan government to promote country’s exports has planned to set up two Industrial Parks in Karachi and Lahore for textile and engineering equipments. Korangi Creek Industrial Park is being set up in Karachi while Rachna Industrial Park will be established at Sheikhupura Road, Lahore by National Industrial Parks Development and Management Company (NIPDMC).